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US Aid or US Trade? – Relative Effect on Worldwide Human Development
Proceedings of the International Business and Economics Research Conference (2006)
  • Atin Basu Choudhary, Virginia Military Institute
  • Tinni Sen, Virginia Military Institute
Abstract

The effect of aid on economic growth is unclear. It may be more plausible to argue that aid impacts the quality of life. We find that the level of US aid has no impact on the quality of life of people in recipient countries as measured by the Human Development Index of those countries. Trade is significant in improving HDI.

Keywords
  • HDI,
  • trade,
  • aid,
  • comparision,
  • development
Publication Date
October, 2006
Citation Information
Atin Basu Choudhary and Tinni Sen. "US Aid or US Trade? – Relative Effect on Worldwide Human Development" Proceedings of the International Business and Economics Research Conference (2006)
Available at: http://works.bepress.com/tinni_sen/1/