This article investigates the role of political institutions and culture in creating an efficient financial infrastructure for a country. It further delves into this relationship and addresses the question: do both types of institutions mentioned above affect financial development of a country,...

Previous literature has established the importance of media in the arena of economic development. Further, the negative effects of foreign aid are well documented in the literature. Recently, foreign direct investment (FDI) inflows have been established as one of the determinants of the levels...

1. Introduction -- 2. Foreign Aid Conditionality and Economic Growth -- 3. Types of Aid -- 4. An Effectiveness, Efficiency, and Equity Approach to Examining Subnational Health -- 5. Evaluating Aid Agencies: Challenges, Comparisons, and Causes of Best Aid Practices -- 6. What Influences World...

Foreign aid effectiveness has been a hugely explored topic in the economic development and political economy literature. In spite of disagreements in the literature with regard to aid effectiveness, it can be undisputedly argued that aid is an important source of capital for many recipient...