Askarov, Zohid; Doucouliagos, Hristos - Deakin University, Faculty of Business and Law, School … - 2014
institutions and the democracy consolidation hypothesis. We also find that aid has a non-linear effect on democracy. Openness has a …We investigate whether aid contributed to institutional development in transition economies. We find that aid flows … same time, total aid has no effect on overall quality of governance, while US aid appears to have a negative impact on some …