Hidden Bibliographic Details
| Other authors / contributors: | Sayek, Selin.
International Monetary Fund. African Department.
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| ISBN: | 1451920377
9781451920376
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| Digital file characteristics: | text file
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| Notes: | Includes bibliographical references (pages 31-33).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear relationship. In this paper, we investigate a new hypothesis regarding this relationship: that deeper financial markets in aid-recipient countries facilitate the management of aid flows, thereby enhancing aid effectiveness. An empirical analysis, using a panel data set, finds robust support for the hypothesis.
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| Other form: | Print version: Nkusu, Mwanza. Local financial development and the aid-growth relationship. [Washington D.C] : International Monetary Fund, ©2004
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| Standard no.: | 10.5089/9781451920376.001
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