Does Aid Mitigate External Shocks?
Published By: UNU-WIDER on eSS | Published Date: July, 25 , 2008This paper investigates the role of aid in mitigating the adverse effects of commodity
export price shocks on growth in commodity-dependent countries. Using a large cross-
country dataset, they find that negative shocks matter for short-term growth, while the ex
ante risk of shocks does not seem to matter. [Discussion Paper No. 2008/06]
Author(s): Paul Collier, Benedikt Goderis | Posted on: Nov 25, 2010 | Views(967) | Download (924)