It takes the average reader and 54 minutes to read What Undermines Aid's Impact on Growth? by Raghuram Rajan
Assuming a reading speed of 250 words per minute. Learn more
We examine one of the most important and intriguing puzzles in economics: why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. We look for a possible offset to the beneficial effects of aid, using a methodology that exploits both cross-country and within-country variation. We find that aid inflows have systematic adverse effects on a country's competitiveness, as reflected in a decline in the share of labor intensive and tradable industries in the manufacturing sector. We find evidence suggesting that these effects stem...
What Undermines Aid's Impact on Growth? by Raghuram Rajan is 54 pages long, and a total of 13,716 words.
This makes it 18% the length of the average book. It also has 17% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 14 minutes to read What Undermines Aid's Impact on Growth? aloud.
What Undermines Aid's Impact on Growth? is suitable for students ages 8 and up.
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