Aid
Bruce Bueno de Mesquita () and
Alastair Smith
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Bruce Bueno de Mesquita: Department of Politics, New York University, New York City, NY, USA
Alastair Smith: Department of Politics, New York University, New York City, NY, USA
Journal of Conflict Resolution, 2013, vol. 57, issue 3, 524-537
Abstract:
Temporary membership on the United Nations Security Council (UNSC) has pernicious effects on the political and economic development of nations, particularly in nondemocracies. The leaders of rich democratic states often trade resources for the salient policy favors that UNSC members can deliver. This provides the leaders of temporary UNSC members with access to “easy money†resources. Such resources have deleterious consequences, particularly in nondemocracies, because they provide leaders with the means to pay off their coalition of supporters without reliance on tax revenues. While foreign aid is an important form of easy money bribe, it is but one of many. Empirical tests show loans are a substitute means for bribing UNSC members.
Keywords: foreign n aid; loans; resource curse; selectorate theory; United Nations Security Council; policy concessions (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jocore:v:57:y:2013:i:3:p:524-537
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