Rich-poor interactions complicate the search for a stable Environmental Kuznets Curve (an ‘inverted U’ relationship between income per-capita and environmental degradation). We show that aid from richer to poorer countries to support investments in environment, in either of two forms, alters the income-environment relationships that otherwise exist, lowering levels of degradation in the poorer ...

Foreign aid has often been intended by donors to entice recipient nations into policy and institutional reforms favorable to private sector economic development. In this study, we investigate the relationship between aid and changes to economic freedom in recipient nations over the 1990–2000 decade. The evidence is mixed. In general, we find that foreign aid has no significant effect on economi...

In all types of debates regardless of topic research findings, investigations, evaluations and media reports regarding aid will find one prominent question, namely whether there is any clear connection between aid and economic growth in countries that have received high amounts of foreign aid. One argument has been that the connection between a high amount of foreign aid and economic growth is ...