Our findings support the need for stringent conditionalities and standard monitoring and evaluation framework by donors in order to promote meaningful impact of developmental aid on economic growth.
📌 3 Key Takeaways
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Objective & Hypothesis:This paper examines the effect of four different types of developmental aid on economic growth in Nigeria utilizing the Two-Stage Least Square (2SLS) estimation technique between 1970 and 2012.
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Key Findings & Data:The empirical estimates show that multilateral aid had more impact on growth compared to bilateral aid from Nigerian’s trading partners, top-five CDI ranked countries, and Nordic countries.
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Conclusion & Impact:Our findings support the need for stringent conditionalities and standard monitoring and evaluation framework by donors in order to promote meaningful impact of developmental aid on economic growth.
🔬Design:Makale
📍Scope:2012 Verileri
⚙️Variables:Developmental aid · Economic Growth · Nigeria
Abstract
This paper examines the effect of four different types of developmental aid on economic growth in Nigeria utilizing the Two-Stage Least Square (2SLS) estimation technique between 1970 and 2012. The empirical estimates show that multilateral aid had more impact on growth compared to bilateral aid from Nigerian’s trading partners, top-five CDI ranked countries, and Nordic countries. Our findings support the need for stringent conditionalities and standard monitoring and evaluation framework by donors in order to promote meaningful impact of developmental aid on economic growth.
Olanrele, I. A., Ibrahim, T. M. (2015). Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. International Journal of Economics and Financial Issues, Cilt: 5 Sayı: 1, 288–296. https://ajindex.com/articles/1652537