African countries constitute a majo

African countries constitute a major block of developing countries, and represent an ample mark of aid recipient
group, Malik (2008) applied co-integration analysis for a sample of six African countries and found that short run
effects of investment, trade openness, foreign aid have been positive while the long run effects were found to be
negative for foreign aid on economic performance. An empirical analysis conducted by Nyoni (1997) studied the
impact of foreign aid on economic growth of Tanzania. Economic indicators included export performance, exchange
rate, government expenses and economic growth. Co-integration methods for finding the long run link were used
and short run link is evaluated through Error Correction Methods (ECM). Findings of the study suggested that
government spending cause high value of exchange rate, while foreign aid inflows cause devaluation and
depreciation of local currency. Major policy implications suggested that foreign assistance is required to be utilizing
for the productive sector of economy. Furthermore it was suggested that liberalization and openness of economy
causes a positive impact in long run.

Kết quả (Anh) 2:

African Countries constitute a major block of developing countries, and an ample đại diện mark of aid recipient
group, Malik (2008) co-integration áp analysis for a sample of six African Countries and Found mà short tremor
effects of Investment, trade openness, foreign aid được positive effects while the long tremors were found to be
negative for foreign aid on Economic performance. An empirical analysis Conducted by Nyoni (1997) studied the
impact of foreign aid on Economic Growth of Tanzania. Economic indicators included export performance, exchange
rate, government requirements and economic Growth Expenses. Co-integration methods for finding the long tremor link là used
and short tremors through link is Evaluated Methods Error Correction (ECM). Findings of the study suggested mà
spending government requirements cause, high value of exchange rate, while foreign aid inflows cause, devaluation and
depreciation of the local currency. Major foreign policy mà Implications type assistance is required suggested to be utilizing
for the productive sectors of economy. Furthermore it was suggested liberalization and openness of economy mà
Causes a positive impact tremor dragon print.