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Does Foreign Aid Promote Development? A Study Of The Effects Of Foreign Aid On Development In Sub-Saharan Africa, Rachael J. Gray
Does Foreign Aid Promote Development? A Study Of The Effects Of Foreign Aid On Development In Sub-Saharan Africa, Rachael J. Gray
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Foreign aid aims to improve economic conditions and quality of life in developing countries. The literature on the efficacy of foreign aid to date has been inconclusive; yet there is some evidence that institutional factors may condition the relationship between aid and development. This research focuses on the effects of foreign aid on development, taking into consideration the effects of political institutional factors as intervening in the connection between aid and development. Specifically, this study considers the effects of democracy (political rights and civil liberties) and level of corruption on the relationship between aid and development in sub-Saharan Africa. Development …