Faria, João Ricardo; Arce M., Daniel G. - In: Economies : open access journal 6 (2018) 4/53, pp. 1-17
This paper presents an extension of the two-period Samaritan’s Dilemma in order to analyze the potential for foreign aid to promote freedom. An example is the United States’ recent opening towards Cuba. It is shown that a donor nation’s dual concern for economic reforms and greater...