Wang, Haijun; Yang, Hu; Li, Fengya; Zhang, Min - In: International studies of economics 18 (2023) 2, pp. 238-258
Using a sample of 124 countries assisted by China from 2000 to 2019, this paper examines the impact of foreign aid on outward foreign direct investment (OFDI) and the mitigation mechanism of risk. The research finds that, first, foreign aid can significantly reduce the country risk of recipient...