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Cited by 527

The DOI matches its Crossref record; 41 of the 41 references it cites were found in a registry or an index.

THE AID EFFECTIVENESS LITERATURE: THE SAD RESULTS OF 40 YEARS OF RESEARCH

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Doucouliagos, Hristos, Paldam, Martin·2009·Journal of Economic Surveys

Abstract

Abstract The aid effectiveness literature (AEL) consists of empirical macroeconomic estimates of the effects of development aid. By the end of 2004, it comprised 97 econometric studies of three families of related effects. Each family has been analyzed in a separate meta‐analysis. The AEL is an ideal subject for meta‐analysis as it uses only a few formally similar models to estimate the same underlying effects. It is also an area with strong beliefs, often generated by altruism. When this whole literature is examined, a clear pattern emerges. After 40 years of development aid, the preponderance of the evidence indicates that aid has not been effective. We show that the distribution of results is significantly asymmetric reflecting the reluctance of the research community to publish negative results. The Dutch disease effect on exchange rates provides a plausible explanation for the observed aid ineffectiveness.

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Metadata

Authors
Doucouliagos, H., & Paldam, M.
Venue
Journal of Economic Surveys
Publisher
Wiley
Published
2009-06-10
Volume
23
Issue
3
Pages
433-461
ISSN
  • 0950-0804 (ISSN-L)
  • 1467-6419
OpenAlex
W2145867407
Cited by
527
References
41
FWCI
99.09
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: THE AID EFFECTIVENESS LITERATURE: THE SAD RESULTS OF 40 YEARS OF RESEARCH. https://app.cochat.ai/papers/10.1111/j.1467-6419.2008.00568.x
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Doucouliagos, H., & Paldam, M. (2009). THE AID EFFECTIVENESS LITERATURE: THE SAD RESULTS OF 40 YEARS OF RESEARCH. Journal of Economic Surveys. https://doi.org/10.1111/j.1467-6419.2008.00568.x

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