Taking the “Con” Out of Aid and Growth Econometrics
by William Easterly
The Conversation
April 17th, 2006
Let’s take the “con” out of aid and growth econometrics. Steve Radelet seems to be retreating from his claim that aid (unconditionally) raises growth (his original paper was one source of what he now says is the “fictitious” claim that “the impact is large”). Radelet now only claims a “modest” effect. Of course, even modest [...]
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New in the Cato Journal: Does Foreign Aid Help?
by The Editors
April 17th, 2006
If you’re interested in this issue of Cato Unbound, you’ll certainly want to read the lead article in the newly released edition of the Cato Journal: “Does Foreign Aid Help?” [pdf] “In this article,” Simeon Djankov, Jose G. Montalvo, and Marta Reynal-Querol write, we show that foreign aid has a negative impact on the democratic [...]
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