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Using a panel of up to 116 countries from 1970-2010 we estimate the effects of foreign aid flows on a variety of measures of institutional quality. We find that aid flows are associated with the deterioration of both political and economic institutions. Regarding the latter, aid flows are...
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and donors. The outcome, the World Bank admits, is that Mozambique showed remarkable growth, which largely benefitted the … and brutal way the IMF and World Bank imposed shock therapy on Mozambique. …
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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 … corruption and institutions are: directly positive; conditionally positive with a magnitude dependent on initial institutional …
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