Extract
Aid and poverty reduction.
Aid effectiveness has attracted considerable attention in the economic development literature since the late 1990s, both in terms of research publications and policy debates. Something of a consensus is emerging that aid does have a positive impact on growth, although debate remains as to whether or not good policy is necessary to ensure aid effectiveness. Recently, research has begun to examine the impact of aid on poverty reduction. This reflects the increasing emphasis being placed on poverty reduction in policy debates, and demands that the objective of reducing poverty requires an increase ...
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