Social Sciences
8 years ago

Foreign aid boosts economic growth in Cambodia, but may fuel inflation.

1 view
The Impact of Foreign Aid on Economic Growth in Cambodia: A Co-integration Approach
Heng Hokmeng, Pahlaj Moolio

Paper Summary

Foreign aid positively impacts economic growth in Cambodia in the long run. It can also lead to inflation in the short and long term. Additionally, foreign aid and inflation contribute to increased government spending over time.

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