Aid, Investment and Incentives
指出援助体系内部的激励问题可能导致受援国自身努力被削弱，从而产生援助依赖，这解释了为何现有证据未能证明援助促进增长。
Promoting productive investment and economic growth are among the key objectives of most aid organizations operating in poor countries. However, it is not possible to conclude from existing empirical evidence that aid contributes positively to growth. In this paper, it is shown that those rather negative results may be explained by important incentive problems built into the aid system itself. The recipient countries' own efforts to contribute to investment and growth may, in reality, be undermined and the result may be aid dependency. Copyright 1996 by The editors of the Scandinavian Journal of Economics.