A comparative analysis of the effect of aid and microfinance on growth
A comparative analysis of the effect of aid and microfinance on growth
Jueves, 01 Enero 2015
Autor/es: Lacalle-Calderón M, Chasco, C.; Alfonso-Gil J.; Neira, I.
This paper investigates the effect of official development aid (ODA) and microfinance (MF) on economic growth and compares the results. We identify and analyse the transmission mechanisms from ODA and microfinance to growth