This study revisits the effect of aid on the quality of institutions and examines the effects of a major source of instability, namely terms-of-trade instability, on the quality of democracy. We take advantage of previous empirical findings which explain the role of aid in mitigating the adverse...

The growing urbanization of poverty poses a significant challenge to governments and donors alike, particularly in Asia, which houses 60 per cent of the world.s slum dwellers. Donors have been slow to respond to the urban challenge, however, both in their funding patterns and their priorities....

Studies of aid effectiveness abound in the literature, often with opposing conclusions. Since most time-series studies use data from the exact same publicly available data bases, our claim here is that such differences in results must be due to the use of different econometric models and...

Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of...

This paper examines the questions of why and how foreign assistance was utilized successfully in South Korea but less so in Ghana, with a focus on the role of aid in the process of state building and state transition in these two countries. Before the 196

This paper examines the impact of foreign aid on gender equality in education outcomes in developing countries. Heterogeneity effects by type of aid received and by type of recipients are investigated using system GMM methods. The results indicate that ag

Energy is linked to most of the major global challenges of the twenty-first century. Poverty eradication, climate change, ecosystem management, world health and security are all influenced by energy, its availability, cost, emissions and other impacts. Un

Ghana?s experience since the early 1990s indicates that external aid can significantly impact a country?s democratic transition. External democracy assistance has been a crucial, positive factor in Ghana?s steady evolution into an electoral democracy over

Can democracy be taught? Are individuals more likely to embrace democratic values, to learn basic knowledge about political processes, and to engage the political process more effectively as a result of their exposure to donor-sponsored civic education pr

The purpose of this paper is to capture the impact of foreign capital inflows (which include foreign aid and foreign direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and time-series dat