VoxEU Talk
Aid and growth in the least developed countries
Foreign aid has a significant positive effect on real per capita GDP growth in the least developed countries if account is taken of the quantitatively large and negative reverse effect of GDP growth on foreign aid. That is the conclusion of research by Markus Brückner of the University of Adelaide, which he discussed with Romesh Vaitilingam in an interview recorded at the annual congress of the European Economic Association in Glasgow in August 2010
