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Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria

Year 2015, Volume: 5 Issue: 1, 288 - 296, 01.03.2015

Iyabo A. Olanrele Taofik Mohammed Ibrahim

Abstract

This paper examines the effect of four different types of developmental aid on economic growth in Nigeria utilizing the Two-Stage Least Square (2SLS) estimation technique between 1970 and 2012. The empirical estimates show that multilateral aid had more impact on growth compared to bilateral aid from Nigerian’s trading partners, top-five CDI ranked countries, and Nordic countries. Our findings support the need for stringent conditionalities and standard monitoring and evaluation framework by donors in order to promote meaningful impact of developmental aid on economic growth.

Keywords

Developmental aid Economic Growth Nigeria

Year 2015, Volume: 5 Issue: 1, 288 - 296, 01.03.2015

Iyabo A. Olanrele Taofik Mohammed Ibrahim

Abstract

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Details

Other ID JA97NN74PH
Journal Section Research Article
Authors

Iyabo A. Olanrele This is me

Taofik Mohammed Ibrahim This is me

Publication Date March 1, 2015
Published in Issue Year 2015 Volume: 5 Issue: 1

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APA Olanrele, I. A., & Ibrahim, T. M. (2015). Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. International Journal of Economics and Financial Issues, 5(1), 288-296.
AMA Olanrele IA, Ibrahim TM. Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. IJEFI. March 2015;5(1):288-296.
Chicago Olanrele, Iyabo A., and Taofik Mohammed Ibrahim. “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”. International Journal of Economics and Financial Issues 5, no. 1 (March 2015): 288-96.
EndNote Olanrele IA, Ibrahim TM (March 1, 2015) Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. International Journal of Economics and Financial Issues 5 1 288–296.
IEEE I. A. Olanrele and T. M. Ibrahim, “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”, IJEFI, vol. 5, no. 1, pp. 288–296, 2015.
ISNAD Olanrele, Iyabo A. - Ibrahim, Taofik Mohammed. “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”. International Journal of Economics and Financial Issues 5/1 (March 2015), 288-296.
JAMA Olanrele IA, Ibrahim TM. Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. IJEFI. 2015;5:288–296.
MLA Olanrele, Iyabo A. and Taofik Mohammed Ibrahim. “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”. International Journal of Economics and Financial Issues, vol. 5, no. 1, 2015, pp. 288-96.
Vancouver Olanrele IA, Ibrahim TM. Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. IJEFI. 2015;5(1):288-96.