The Impact of Foreign Aid on Economic Growth: Context of Bangladesh

Autor:	Sanjoy Kumar Saha, Subrata Saha, Mahfuza Maliha Lubna
Rok vydání:	2021
Předmět:	General Medicine
Zdroj:	Scholars Journal of Arts, Humanities and Social Sciences. 9:241-349
ISSN:	2347-5374 2347-9493
DOI:	10.36347/sjahss.2021.v09i08.001
Popis:	This article looks at the impact of foreign aid (foreign loans and grants) on economic growth in developing countries like Bangladesh. Using a time series analysis to perform an empirical inquiry for Bangladesh between 1995 and 2016. Several time series techniques are used in this work, including the Johansen–Juseliues test and the Granger causality test. In the short run, foreign loans have a greater impact on economic growth (per capita GDP), whereas foreign grants have no effect. There is also a one-way correlation between foreign loans and domestic investment. In the coming days, we recommend that the Bangladesh government be cautious and smart in preserving bilateral and multilateral aid relationships with donor organizations and countries.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e4e032bfeb5e93bed4f100d3894c697c https://doi.org/10.36347/sjahss.2021.v09i08.001 Zobrazit plný text záznamu