Beschreibung
Official Development Assistance, simply known as foreign aid,is the transfer of resources from the public sector of advanced economies in the form of grants and concessional loans to the developing world. Economic growth of the recipients is considered to be the prime objective of foreign aid. However,the literature has not reached a consensual outcome regarding the achievement of this objective, primarily because of the lack of a standard economic model to explain the scenario thoroughly.This research concentrates on the aid-growth nexus under various macroeconomic policies.This may prove helpful to the students interested in development economics.
Autorenporträt
Mohammad Sediq Sameem, a Fulbright alumnus, has obtained his MA degree in economics from Southern Illinois University, Carbondale, IL, USA in 2013. His main fields of interest include international trade and development economics. Sameem has done his previous studies in Pakistan, Afghanistan and India.
