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Does more foreign aid result in higher economic growth?

I would like to see a discussion of both standpoints, but I personally think that foreign aid is not effective enough, especially compared to the other 2 main financial inflows - FDI and remittances. Corruption, tied aid and the interests of donor countries might be some of the reasons it's not effective.

This is just going to serve as a basis for my full coursework, so you can skip the introduction.

Please, fully reference whatever you write. If you have to, you can go to wikipedia or the likes, rephrase the text and then reference wikipedia'S references. about 10 references would be good.

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