Araştırma Makalesi

Foreign Aid, Institutions, and Economic Performance in Developing Countries

Cilt: 18 Sayı: 3 1 Aralık 2023
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Foreign Aid, Institutions, and Economic Performance in Developing Countries

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. Abate, C. A. (2022), “The Relationship Between Aid and Economic Growth of Developing Countries: Does İnstitutional Quality and Economic Freedom Matter?”, Cogent Economics & Finance, Vol. 10, No. 1.
  2. Acemoğlu, Daron & Robinson, James (2012), Why Nations Fail: The Origins of Power, Prosperity and Poverty, New York: Crown Publishers.
  3. Acemoğlu, Daron (2009), Introduction to Modern Economic Growth, Princeton University Press.
  4. Acemoğlu, Daron, Johnson, S., Robinson, J. & Thaicharoen, Y. (2003), “Institutional Causes, Macroeconomic Symptoms Volatility, Crises and Growth”, Journal of Monetary Economics, Vol. 50, 49-123.
  5. Adamu, Patricia A. (2013), “The Impact of Foreign Aid on Economic Growth in ECOWAS Countries: A Simultaneous-equation Model”, WIDER Working Paper No. 2013/143.
  6. Adusei, Elizabeth (2020), “The impact of Foreign Aid on Economic Growth in Sub-Sahara Africa: The Mediating Role of Institutions”, MPRA Paper No. 104561. University Library of Munich, Germany.
  7. Akramov, Kamiljon T. (2012), "Foreign Aid Allocation, Governance, and Economic Growth", Issue briefs 72, International Food Policy Research Institute (IFPRI).
  8. Altunbas, Y. & Thornton, J. (2014), “The (Small) Blessing of Foreign Aid: Further Evidence on Aid’s İmpact on Democracy”, Applied Economics, Vol. 46, No. 32: 3922-3930.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Uygulamalı Makro Ekonometri

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

1 Aralık 2023

Gönderilme Tarihi

5 Nisan 2023

Kabul Tarihi

5 Temmuz 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 18 Sayı: 3

Kaynak Göster

APA
Hayaloğlu, P. (2023). Foreign Aid, Institutions, and Economic Performance in Developing Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 18(3), 748-765. https://doi.org/10.17153/oguiibf.1277348
AMA
1.Hayaloğlu P. Foreign Aid, Institutions, and Economic Performance in Developing Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;18(3):748-765. doi:10.17153/oguiibf.1277348
Chicago
Hayaloğlu, Pınar. 2023. “Foreign Aid, Institutions, and Economic Performance in Developing Countries”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 18 (3): 748-65. https://doi.org/10.17153/oguiibf.1277348.
EndNote
Hayaloğlu P (01 Aralık 2023) Foreign Aid, Institutions, and Economic Performance in Developing Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 18 3 748–765.
IEEE
[1]P. Hayaloğlu, “Foreign Aid, Institutions, and Economic Performance in Developing Countries”, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, c. 18, sy 3, ss. 748–765, Ara. 2023, doi: 10.17153/oguiibf.1277348.
ISNAD
Hayaloğlu, Pınar. “Foreign Aid, Institutions, and Economic Performance in Developing Countries”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 18/3 (01 Aralık 2023): 748-765. https://doi.org/10.17153/oguiibf.1277348.
JAMA
1.Hayaloğlu P. Foreign Aid, Institutions, and Economic Performance in Developing Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;18:748–765.
MLA
Hayaloğlu, Pınar. “Foreign Aid, Institutions, and Economic Performance in Developing Countries”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, c. 18, sy 3, Aralık 2023, ss. 748-65, doi:10.17153/oguiibf.1277348.
Vancouver
1.Pınar Hayaloğlu. Foreign Aid, Institutions, and Economic Performance in Developing Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 01 Aralık 2023;18(3):748-65. doi:10.17153/oguiibf.1277348

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