On the effectiveness of foreign aid in institutional quality
Simplice Asongu
European Economic Letters, 2013, vol. 2, issue 1, 12-19
Abstract:
We extend the Okada & Samreth (2012, EL) and Asongu (2012, EB) debate on ‘the effect of foreign aid on corruption’ by: not partially negating the former’s methodological underpinning (as in the latter’s approach) with a unifying empirical framework and; broadening the horizon of inquiry from corruption to eight institutional quality dynamics (rule of law, regulation quality, government effectiveness, democracy, corruption, voice & accountability, control of corruption and political stability). Core to this extension is a hypothetical contingency of the ‘institutional perils of foreign aid’ on existing institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the period 1996-2010.
Keywords: Foreign Aid; Political economy; Development; Africa (search for similar items in EconPapers)
JEL-codes: B20 F35 F50 O10 O55 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (85)
Downloads: (external link)
http://eelet.org.uk/EEL2(1)12-19.pdf Full text (application/pdf)
Related works:
Working Paper: On the effectiveness of foreign aid in institutional quality (2013) 
Working Paper: On the effectiveness of foreign aid in institutional quality (2013) 
Working Paper: On the effectiveness of foreign aid in institutional quality (2013) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ris:eueclt:0008
Access Statistics for this article
European Economic Letters is currently edited by Mike Taylor
More articles in European Economic Letters from European Economics Letters Group
Bibliographic data for series maintained by Mike taylor ( this e-mail address is bad, please contact ).