Abstract
This chapter examines the impact of international development assistance on economic growth in four southeast European member states—Croatia, Estonia, Lithuania and Slovenia—that fall into two different innovation performance groups, for a period of 16 years (1995–2010), by following a behavioural equation of flows, not an accounting identity. Our findings have shown that both international net official development assistance and official aid received, as well as net bilateral aid flows from Development Assistance Committee donors, have no statistically significant effect on gross domestic savings in two different innovation performance groups. In four European member states, with different levels of innovation performance, only per capita gross domestic product is statistically significant. The results are consistent with the notion that foreign aid transfers can distort individual incentives.
| Original language | English |
|---|---|
| Title of host publication | Palgrave Studies of Cross-Disciplinary Business Research, in Association with EuroMed Academy of Business |
| Publisher | Palgrave Macmillan |
| Pages | 109-130 |
| Number of pages | 22 |
| DOIs | |
| Publication status | Published - 2018 |
Publication series
| Name | Palgrave Studies of Cross-Disciplinary Business Research, in Association with EuroMed Academy of Business |
|---|---|
| ISSN (Print) | 2523-8167 |
| ISSN (Electronic) | 2523-8175 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Keywords
- DAC Donors
- Development Assistance Committee (DAC)
- Domestic Savings
- Net ODA
- Radical Innovation Performance
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