Foreign Aid, Political Institutions and Economic Freedom: Empirical Evidence from Selected Developing Countries

Crowding out Effect of Foreign Aid in Selected Developing Countries: Panel Data Evidence

Foreign Aid and Long-run Economic Growth: Empirical Evidence for a Panel of Developing Countries

This paper investigates the relationship between foreign aid and growth in per capita GDP using annual data from the 1960 to 1997 period for a sample of 71 aid-receiving developing economies. The results show that the effect of foreign aid on economic growth is positive, permanent, statistically significant, and sizable: raising foreign aid by $20 per person of the receiving country results in ...

crowding out effect of foreign aid in selected developing countries: panel data evidence

Economic Freedom and Banking Stability in Selected Countries

This paper investigates the role of economic freedom in banking stability by using a panel data set for the period 1998-2013 in 43 selected countries. We turn our investigation to the effects of economic freedom on banking stability. The effects of economic freedom on financial stability are estimated. This paper calculates the z-score measure for banking stability. The findings from this study ...

Foreign Aid, Political Instability, and Economic Growth

Relying on a simple endogenous growth model, this paper highlights a political instability effect as a potential explanation for why foreign aid is frequently ineffective with respect to economic performance. In the present framework, the role of the state is to fund institutions allowing for ongoing technology adoption and hence long-run growth. However, providing a self-interested government ...