The macroeconomic impact of development aid: A critical survey

The macroeconomic impact of development aid: A critical survey
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发展援助的宏观经济影响:一项重要调查

DOI:
10.1080/00220389208422230
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发表时间:
1992
影响因子:
2.9
通讯作者:
H. White
H. White
中科院分区:
经济学3区
文献类型:
--
作者:
H. White

文献摘要

被引文献

相似文献

早期文献在双缺口模型的背景下解释了援助的宏观经济影响,显示了援助与增长之间的明确联系。许多人现在认为,经验证据表明没有这种关系。本文批判性地回顾了不同的理论视角——双缺口模型、储蓄辩论、受援国的财政反应和作为荷兰病的援助——以及关于援助、储蓄和增长的实证辩论。尽管最近的研究领域为未来的工作提供了有希望的方向,但否定援助与增长之间关系的基础似乎是薄弱的。
The early literature explained aid's macroeconomic impact in the context of the dual gap model, showing a clear link between aid and growth. Many now believe that the empirical evidence shows there to be no such relationship. This paper critically reviews the different theoretical perspectives ‐the dual gap model, the savings debate, recipient fiscal response, and aid as Dutch disease — and the empirical debates on aid, savings and growth. The basis for denying a relationship between aid and growth is shown to be weak, though more recent areas of research offer promising directions for future work.