Does foreign aid harm political institutions?

• 成果类型: Article
• 署名作者: Jones, Sam; Tarp, Finn
• 署名单位: University of Copenhagen
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2015.09.004
• 发表日期: 2016
• 页码: 266-281
• 关键词: foreign aid; governance; institutions; Government quality

摘要

The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long run cross-section and alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing between types of aid according to their frequency domain and stated objectives, we find that this aggregate net effect is driven primarily by the positive contribution of more stable inflows of 'governance aid'. We conclude that the data do not support the view that aid has had a systematic negative effect on political institutions. (C) 2015 The Authors. Published by Elsevier B.V.