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This policy chapter summarises an evolving debate on the effect of foreign aid on corruption and institutions. It … institutions. Moreover, another debate on the incidence of foreign aid distortions on corruption is also assessed in light of a … recently celebrated literature on development assistance. Overall, the findings show that the effects of foreign aid on …
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FDI and various governance indicators (rule of law, control of corruption, regulatory quality, governance effectiveness … various governance dynamics on inclusive growth in SSA. We do this by testing two hypotheses first, whether unconditionally …, political stability, and voice and accountability) foster inclusive growth in SSA; and second, whether these governance dynamics …
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One of the key economic development challenges facing Sub-Saharan Africa (SSA) is its low agricultural productivity … development, credit, institutional, and trade and price stabilization policies. We use the system two-step Generalized Method of … Moments to examine whether official development assistance (ODA) for agriculture and rural development is helping to boost …
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A core result of the aid allocation literature is that the quality of governance in recipient countries does not affect … through different channels and considering different dimensions of governance, we provide evidence that bypassing governments …
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Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...
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