Complementarity Between Foreign Aid and Financial Development as a Driver of Economic Growth in Selected Emerging Markets

This paper studied whether the complementarity between financial development and foreign aid promotes economic growth in selected emerging markets using the panel Fully Modified Ordinary Least Squares (FMOLS) approach, with data ranging from 1994 to 2014. Although (1) aid‑growth and (2) finance‑grow...

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Bibliographic Details
Main Author: Kunofiwa Tsaurai
Format: Article
Language:English
Published: Lodz University Press 2018-12-01
Series:Comparative Economic Research
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/CER/article/view/3879