Szent-Iványi, Balázs - Közgazdaságtudományi Kar, Budapesti Corvinus Egyetem - 2014
The paper examines how flows of foreign aid have reacted to events of democratization in developing countries. Using a panel dataset of 136 aid receiving countries between 1980 and 2009, aid allocation regressions reveal that donors in general have tended to react to visible, major democratic...
