The ghost of a long-dead growth model still haunts aid to developing countries. The Harrod-Domar growth model supposedly died long ago. But for more than 40 yea

August 1997 The ghost of a long-dead growth model still haunts aid to developing countries. The Harrod-Domar growth model supposedly died long ago. But for more

The Harrod--Domar growth model supposedly died long ago. Still today, economists in the international financial institutions (IFIs) apply the Harrod--Domar mode