Foreign Aid, Institutions, and Economic Performance in Developing Countries

Abstract

Although official development assistance presents a solution for developing countries to overcome the lack of capital, there is no consensus in the literature on the effectiveness of foreign aid. Moreover, opinions claiming that aid can only affect growth positively under certain conditions see institutional quality as an essential aspect that boosts the positive impact of aid. This study examines the relationships between foreign aid, institutional structure, and economic performance for 80 countries in Europe, America, Africa, and Asia. It is found that official development assistance and the quality of institutional structure in the sample countries affect economic growth positively. It also provides some suggestive evidence showing that foreign aid has a positive effect on the institutional structure.

Keywords

• Foreign Aid
• İnstitutions
• Economic Performance

Gelişmekte Olan Ülkelerde Dış Yardım, Kurumlar ve Ekonomik Performans

Abstract

Resmi kalkınma yardımları gelişmekte olan ülkelerde sermaye eksikliğine çözüm önerisi olarak sunulmuş olsa da literatürde dış yardımların etkinliği konusunda fikir birliği oluşmamıştır. Bunun yanında yardımların ancak belli koşullar altında büyümeyi olumlu etkileyebileceğini öne süren görüşler, kurumsal kaliteyi yardımların olumlu etkisini teşvik edecek önemli bir kanal olarak görmektedir. Bu kapsamda çalışma dış yardım, kurumsal yapı ve ekonomik performans arasındaki ilişkileri Avrupa, Amerika, Afrika ve Asya bölgesindeki 80 ülke için incelemektedir Elde edilen bulgulara göre, örneklem ülkelerde resmi kalkınma yardımları ve kurumsal yapının kalitesi ekonomik büyümeyi pozitif yönde etkilemektedir. Ayrıca dış yardımların kurumsal yapı üzerindeki etkisinin pozitif olduğu tespit edilmiştir.

Keywords

• Dış Yardım
• Kurumlar
• Ekonomik Performans

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