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13 de abril 2015
Aid, Real Exchange Rate Misalignment and Economic Growth in Sub-Saharan Africa

Generating sustained growth in Sub-Saharan Africa (SSA) is one of the most pressing challenges in global development. As the region clearly needs assistance to jump start its development, foreign aid becomes crucial. This paper investigates the nexus between foreign aid, exchange rate misalignment, and economic growth in SSA. Contrary to conventional wisdom, we do not […]

06 de abril 2015
Efectos de la Ayuda en el Crecimiento: El Canal Institucional

There is a vast literature that has tried to establish whether there is a relation between foreign aid and economic growth. However, existing theoretical and methodological differences in such literature have not make possible to reach consensus on the results and, therefore, they have established a great debate about the usefulness of aid to promote […]