Development Aid and Growth
Topic 2: Development aid and growth. In your original contribution, address both parts of this topic. In your reply, address at least part (b): What is the aid-financed investment fetish? What two historical events contributed to make it the dominant paradigm among policy makers for over fifty years? How or why? Hint: chapter 2 of Easterly (2002) is all about this. Can you think of any recent or current event(s) that have shaped or could shape the way we think about economic growth and economic development? How or why?