Series: IMF Working Papers
Author(s): Arvind Subramanian , and Raghuram Rajan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2005
Keywords: Growth, Competitiveness, exchange rate, standard deviation, real exchange rate, exchange rate overvaluation, standard errors, Economic Growth and Aggregate Productivity: General,
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 pos...