PDF-AIDANDGROWTHWHATDOESTHECROSSCOUNTRYEVIDENCE REALLYSHOW Raghuram G

Rajan and Arvind Subramanian Abstract We examine the effects of aid on growth in crosssectional and panel dataafter correcting for the possible bias that poorer or stronger growth may draw aid contributions to recipient countries Even after this cor. Rajan and Luigi Zingales University of Chicago ABSTRACT As a result of the Asian crisis relationshipbased systems are now under attack for being inefficient and corrupt Yet till recently they were proposed as an alternative form of capitalism to the Raghuram G Rajan Governor Part A Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation it has been decided to keep the policy repo rate under the liquidity adjustment facili Foreword GisPinguished Service Professor of Finance aP Phe UniversiPy of Fhicago’s BooPh School of Business, and an economic advisor to the p rime m inister of India. Rajan’s Rork pr ranks of prosperous nations, we must remember that what sets poor nations apart from the rich is not people or resources or even luck but good governance, which comes from strong frameworks and strong