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Can't Buy Me Growth: On Foreign Aid and Economic Change


Art Carden


affiliation not provided to SSRN

March 2, 2010

Journal of Private Enterprise, Vol. 25, No. 1, pp. 105-123

Abstract:     
Evidence suggests that foreign aid does not promote economic growth. Institutions which promote entrepreneurship do promote growth. Understanding where these institutions come from is paramount to success. This essay analyzes and summarizes theory and evidence regarding the relationship between aid and economic growth.

Number of Pages in PDF File: 19

Keywords: Economic Growth, Foreign Aid, Institutions, Property Rights

JEL Classification: O1, O2, O4

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Date posted: December 24, 2008 ; Last revised: March 4, 2010

Suggested Citation

Carden, Art, Can't Buy Me Growth: On Foreign Aid and Economic Change (March 2, 2010). Journal of Private Enterprise, Vol. 25, No. 1, pp. 105-123. Available at SSRN: http://ssrn.com/abstract=1319441

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