Over the 1980s and 1990s, countries with sound fiscal, monetary, and trade policies and strong rule of law combined with large amounts of aid:

Question

Quizplus · Accepted Answer

This is supported by empirical evidence and is a commonly accepted view among development economists that good policies are necessary, but not sufficient, for economic growth and development. Aid can act as a catalyst to facilitate economic growth when combined with good policies.

Over the 1980s and 1990s, Countries with Sound Fiscal, Monetary