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The macroeconomic effects of foreign aid : issues and evidence (English)

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  • The macroeconomic effects of foreign aid : issues and evidence (English)
  • de Melo, Jaime
  • World Bank (WB)


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Title The macroeconomic effects of foreign aid : issues and evidence (English)
Similar Titles
Material Type Reports
Author(English)

de Melo, Jaime

Publisher

World Bank (WB)

Date 1987
Language English
File Type Link
Subject Territorial Development < Transport/Logistics

Abstract

This paper reviews the debate on the macroeconomic effects of foreign aid. The paper starts with an analytical review of the meaning of a foreign exchange bottleneck and of the criticisms raised against foreign aid. The review is followed by a brief survey of recent empirical work testing the criticisms raised against foreign aid. The paper concludes with a summary of simulation results designed to calculate the effects of different levels and sequences of foreign aid to Korea during the period 1963-73.