We use cookies to ensure that we give you the best experience on our website. By continuing to browse this repository, you give consent for essential cookies to be used. You can read more about our Privacy and Cookie Policy.

Durham Research Online
You are in:

The Solow model, poverty traps, and the foreign aid debate.

Snowdon, Brian. (2009) 'The Solow model, poverty traps, and the foreign aid debate.', History of political economy., 41 (Supplement 1). pp. 241-262.


For almost thirty years the Solow model experienced relative neglect within the field of development economics. However, since the mid-1980s the neoclassical growth model has been at the heart of the debate among economists interested in the important issues of growth, development, and convergence. More recently, the case for increasing foreign aid to sub-Saharan Africa has reemerged and has been linked to the Solow model via the hypothesis that many poor countries are caught in a poverty trap. This paper provides critical commentary on the literature relating to the Solow model, economic development, poverty traps, and the case for foreign aid.

Item Type:Article
Full text:(VoR) Version of Record
Download PDF
Publisher Web site:
Date accepted:No date available
Date deposited:04 March 2010
Date of first online publication:2009
Date first made open access:No date available

Social bookmarking: del.icio.usConnoteaBibSonomyCiteULikeFacebookTwitterExport: EndNote, Zotero | BibTex
Look up in GoogleScholar | Find in a UK Library