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C/E/553. Can Foreign Aid Buy Growth?

WORDS:
3300
DATE:
2010
PRICE:
39.99 GBP

The paper argues whether the flow of capital, goods or services from a rich to a poor country can promote economic development and welfare of the latter. Political gains of the donor (rich) countries are considered examining the relationship between foreign aid and economic growth on the basis of related economic and political literature. The programme of the United Nations known as Millennium Development Goals is discussed.

 

KEYWORDS: rich country, poor country, economic development, foreign aid, Millennium Development Goals,

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