Aid and growth in small island developing states

Feeny, Simon and McGillivray, Mark 2010, Aid and growth in small island developing states, Journal of development studies, vol. 46, no. 5, pp. 897-917, doi: 10.1080/00220381003623889.

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Title Aid and growth in small island developing states
Author(s) Feeny, Simon
McGillivray, MarkORCID iD for McGillivray, Mark
Journal name Journal of development studies
Volume number 46
Issue number 5
Start page 897
End page 917
Total pages 21
Publisher Routledge
Place of publication London, England
Publication date 2010
ISSN 0022-0388
Summary Aid flows to small island developing states (SIDS) are enormous by international standards when compared to the size of their economies. Yet these countries face many severe economic challenges and many have experienced declines in the living standards of their citizens. This paper looks at the impact of aid on what is treated as a necessary precondition for improvements in living standards, typically defined. Specifically, it examines the impact of foreign aid on real per capita income growth in SIDS by econometrically analysing cross-country data for the period 1980 to 2004. A variety of econometric techniques and measures of aid are used. Results suggest that foreign aid is effective at spurring economic growth but with diminishing returns.
Notes This article was also published as : Aid and growth in small island developing states, in Understanding small-island developing states : fragility and external shocks, Routledge, London, England, pp.83-97.
Language eng
DOI 10.1080/00220381003623889
Field of Research 140202 Economic Development and Growth
Socio Economic Objective 910103 Economic Growth
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2010, Taylor & Francis
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