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Full-Text Articles in Econometrics
Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin
Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin
Steeplechase: An ORCA Student Journal
The effects of aid on economic development is topic typically studied from the perspective of corruption and allocative efficiency. We examine aid to less developed nations from a different viewpoint; assuming aid reaches the intended recipients, does it actually benefit them? We utilize Indonesia and the 2004 earthquake and tsunami as a natural experiment to observe the influx of aid, and compare the regions development before and after the disaster. By establishing a baseline before the disaster, and utilizing a new start point after the destruction, we can gauge the reconstruction efforts and observe whether aid is beneficial or harmful. …