Publication

Responding to the growing literature that finds that aid has a positive effect over the long term, this paper examines the effect of aid on economic growth over the short and long term. They find that over the short term, defined as about five years, aid often seems to have a negative effect on growth. They also find that over the long term, defined as thirty years, aid generally has a positive impact on growth, meaning that their results corroborate the findings of other pieces of research on the topic.