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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Format: | Article |
Language: | English |
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Lodz University Press
2018-12-01
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Series: | Comparative Economic Research |
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Online Access: | https://czasopisma.uni.lodz.pl/CER/article/view/3879 |