Aid and growth in small island developing states

Feeny, S and McGillivray, M 2010, 'Aid and growth in small island developing states', Journal of Development Studies, vol. 46, no. 5, pp. 897-917.

Document type: Journal Article
Collection: Journal Articles

Title Aid and growth in small island developing states
Author(s) Feeny, S
McGillivray, M
Year 2010
Journal name Journal of Development Studies
Volume number 46
Issue number 5
Start page 897
End page 917
Total pages 21
Publisher Routledge
Abstract Aid flows to small island developing states (SIDS) are enormous by international standards when compared to the size of their economies. Yet these countries face many severe economic challenges and many have experienced declines in the living standards of their citizens. This paper looks at the impact of aid on what is treated as a necessary precondition for improvements in living standards, typically defined. Specifically, it examines the impact of foreign aid on real per capita income growth in SIDS by econometrically analysing cross-country data for the period 1980 to 2004. A variety of econometric techniques and measures of aid are used. Results suggest that foreign aid is effective at spurring economic growth but with diminishing returns.
Keyword(s) aid flow
developing world
economic growth
economic impact
international aid
living standard
small island state
DOI - identifier 10.1080/00220381003623889
Copyright notice © 2010 UNU-WIDER
ISSN 0022-0388
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Citation counts: TR Web of Science Citation Count  Cited 18 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 17 times in Scopus Article | Citations
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