Is the significance of foreign economic aid to be judged simply by the amount of aid or by something more? Can an under-developed economy be self-sufficient in the matter of planned investment for development purposes? If not, what is the degr..
The conclusion deduced from our first assumption is something of a paradox: the value of the foreign aid multiplier is high if the share of the foreign constituent in a piece of investment is relatively low, and vice versa. It thus looks as if..