Title: Aid, shocks, and growth
First published: 2001
Description: Not surprisingly, extreme negative export price shocks reduce growth. But these adverse effects can be mitigated through offsetting increases in aid. Indeed, targeting aid to countries experiencing negative shocks appears to be even more important for aid effectiveness than targeting aid to countries with good policies.
Subjects: Prices, Economic assistance, Exports
Places: Developing countries, Economic policy
LC classification: HG3881.5.W57