The Effects of the President’s Emergency Plan for AIDS Relief on the Economies and Domestic Politics of Focus Countries
Youngwan Kim and
Taehee Whang
Global Economic Review, 2017, vol. 46, issue 4, 441-463
Abstract:
President G.W. Bush’s Emergency Plan for AIDS Relief (PEPFAR) has been rated as one of the successful US aid interventions of recent decades. We investigate the impact of PEPFAR on economic development, democracy, and human rights by comparing focus countries that received PEPFAR with other countries that did not receive PEPFAR from 2003 to 2008. Moreover, we examine specific changes made within focus countries after the implementation of PEPFAR using Difference-in-Difference estimation. Our results show that PEPFAR did improve economic conditions in focus countries but had a limited impact on political conditions, that is, on democracy and human rights.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:glecrv:v:46:y:2017:i:4:p:441-463
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DOI: 10.1080/1226508X.2017.1367316
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