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Does Aid Cause Growth?


In this video, CGD senior fellow Michael Clemens discusses the age old-question: does foreign aid help poor countries grow out of poverty? It’s a question he examines closely in the paper Counting Chickens When They Hatch which Clemens co-wrote with Steven Radelet, Rhikil Bhavani, and Samuel Bazzi.

This video was produced by the Royal Economic Society in June 2013. The Royal Economic Society awarded Michael and his co-authors the 2012 Royal Economic Society Prize for Counting Chickens Before They Hatch paper.