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Does aid improve democracy and governance? A meta-regression analysis

The paper provides a systematic and quantitative review of the empirical evidence on the effects of development aid on democracy and governance. We find that aid has had, on average, a zero or negative effect on democracy, except that it has had a positive effect on democratization in European trans...

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Bibliographic Details
Published in:Public choice 2013-12, Vol.157 (3/4), p.601-628
Main Authors: Askarov, Zohid, Doucouliagos, Hristos
Format: Article
Language:English
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Summary:The paper provides a systematic and quantitative review of the empirical evidence on the effects of development aid on democracy and governance. We find that aid has had, on average, a zero or negative effect on democracy, except that it has had a positive effect on democratization in European transitional economies. Aid had a positive effect on governance during the Cold War period but has had no effect on governance in the post-Cold War period.
ISSN:0048-5829
1573-7101
DOI:10.1007/s11127-013-0081-y