外援的宏觀經濟效應綜述(PDF 28頁)

Abstract
Research on the macroeconomic effects of aid has expanded rapidly in recent years. In
this paper, we provide a survey of this literature. We start by reviewing some theoretical
models that suggest a positive impact of aid on investment and growth. We then
discuss the empirical evidence, giving particular attention to the role of institutions and
policies in determining aid effectiveness. As a general conclusion, we suggest adopting
a more disaggregate perspective with respect both to different types of aid and to various
aspects of governance.
Keywords
foreign aid, economic growth, institutions, governance
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