Foreign aid effectiveness has been a hugely explored topic in the economic development and political economy literature. In spite of disagreements in the literature with regard to aid effectiveness, it can be undisputedly argued that aid is an important source of capital for many recipient...

Foreign aid’s impact on recipients' institutions is a much-researched topic. Does foreign aid have the power to affect political and economic institutions? Many studies have characterized aid’s impact on institutional quality as being detrimental; however, there are counter arguments and...