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In view of the standard neoclassical approach to the theory of savings, is the empirical existence of a trade-off between domestic savings and foreign aid
- In view of the standard neoclassical approach to the theory of savings, is the empirical existence of a trade-off between domestic savings and foreign aid a valid critique of foreign aid as a means to augment savings to foster economic growth?
I guess my biggest problem is that I don't understand the standard neoclassical approach to the theory of savings. Help please.
This section of my class is on Foreign Aid and Development.
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