"Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find...

The size, resources, and location of the Democratic Republic of Congo have an impact on all of Central Africa. The country has unexplored mining resources, massive agricultural potential, and a population of more than 60 million inhabitants. The second largest country in Sub-Saharan Africa, the...