The impact of loans and grants on development: Evidence from Egypt
Source: Economic Research Forum Author(s): Bruno Crépon, Mohamed El-Komi and Adam Osman Original Link: https://theforum.erf.org.eg/2022/01/31/impact-loans-grants-development-evidence-egypt/ Evaluations of grant programmes have shown that the return to capital is high in developing countries, but the impacts of loans have only been modest. This column, originally published at VoxDev, shows that...
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