Does Foreign Aid Build Peace?

Risking Peace: Contesting Foreign Policy

This paper explores the causes of domestic conflict over foreign policy in the context of a dynamic learning model. One state is composed of two political parties that are uncertain about how another state will respond to cooperative and confrontational policies. To resolve this uncertainty, they must implement policies and update on the basis of the observed outcome. While both parties have in...

What Type of Economic Growth Does Foreign Aid Support?

The consensus of the aid effectiveness literature is that foreign aid is effective at spurring economic growth in recipient countries. However, economic growth is heterogeneous in nature, driven by a number of different activities within an economy. This paper contributes to the literature by disaggregating the Gross Domestic Product of recipients in order to investigate the type of economic gr...

Structural Change in Transition Economies: Does Foreign Aid Matter?

This paper addresses whether the initial declines in the manufacturing and real wages in transition economies were anything unexpected to justify policy reversal, and whether the “often-recommended” foreign aid would have helped them curb these declines in any significant way. It answers these questions with the help of a two-sector three-factor small open economy model and simulation exercises...

Does foreign aid really attract foreign investors? New evidence from panel cointegration

Does Democracy Cause Peace?

The idea that democratic states have not fought and are not likely to fight interstate wars against each other runs counter to the realist and neorealist theoretical traditions that have dominated the field of international politics. Since the mid-1970s, the generation of new data and the development of superior analytical techniques have enabled evaluators of the idea to generate impressive em...