September, 2019

Can Foreign Aid Promote Political and Economic Freedom?

  • Claudia Williamson

    Associate Professor of Economics, Mississippi State University
  • Nabamita Dutta

  • Michael A. Fakutiju

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Political and economic freedom are seen as values in themselves, are associated with increases in quality of life across many dimensions, and are often espoused by donors as a goal for foreign aid.  An extensive literature exists examining foreign aid's effect on institutional quality; however, robust evidence regarding these associations are mixed.  Read more of this work in Lessons on Foreign Aid and Economic Development.