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The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new … disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long-run cross-section and … alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing …
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The Clean Development Mechanism (CDM) was originally seen as an instrument with a bilateral character where an entity from an industrialised country invests in a project in a developing country (DC). Also, multilateral funds were envisaged that would bundle investments to spread project risks....
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historical path dependencies, colonialism, trade policy and domestic institutions on the EU and African side. While trade is … often plagued by a long history of extractive institutions, both politically and economically, which lead to a vicious cycle …
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