Does Foreign Aid Volatility Hinder Institutional Development in Recipient Countries?

• In Event: Foreign Aid

Brief Overview

Unpredictability and variability in foreign aid flows stifles institutional development by creating inefficiencies in government management. Evidence from over 100 recipients over 20 years suggests that aid volatility worsens quality of government.

Author

• Alice Iannantuoni, University of Illinois at Urbana-Champaign