Impact of Development Aid on Cross-Border Trade: Case of Waemu


The effectiveness of development assistance in the economic growth of developing countries and especially in their trade is complex and often discussed. This article tries to have a look at the cross-border trade situation of WAEMU member states and the impact of development aid on their cross-border trade, which is seen as a driver of the economic growth of countries. The results of the GMM and the individual specific effects estimation on  panel data for the period 2005-2015 showed a low positive impact of aid on the cross-border trade which promotes the economic growth. These results have, however, raised other questions.

Keywords: Cross-border trade, Development aid, WAEMU.

Article Review Status: Published

Pages: 14-23 (Download PDF)

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