Over time the international development community has advocated various development paradigms, but countries following these paradigms have often performed poorly. I provide an explanation for this poor performance. In my model the political leader of a developing country chooses a policy and...

What is the effect of foreign aid on the survival of autocratic regimes? Extant work about the effect of foreign aid on the recipient's political regime has come to contradictory conclusions. Current findings display the full spectrum of possibilities from a democratizing effect to the...