Blackburn, Keith; Forgues-Puccio, Gonzalo F. - 2011
We present an analysis of the effects of foreign aid on economic development when the quality of governance may be … may be summarized as follows: (1) corruption impedes economic development and compromises the effectiveness of aid … programmers; (2) the incidence of corruption may, itself, be affected by both the development process and the donation of aid; (3 …