LEADER 04683nam 2200709 a 450 001 9910779475703321 005 20200520144314.0 010 $a1-283-89942-6 010 $a0-8122-0773-4 024 7 $a10.9783/9780812207736 035 $a(CKB)2550000000707706 035 $a(OCoLC)806250108 035 $a(CaPaEBR)ebrary10642169 035 $a(SSID)ssj0000703732 035 $a(PQKBManifestationID)11432179 035 $a(PQKBTitleCode)TC0000703732 035 $a(PQKBWorkID)10691181 035 $a(PQKB)10242705 035 $a(MdBmJHUP)muse19145 035 $a(DE-B1597)449561 035 $a(OCoLC)979910444 035 $a(DE-B1597)9780812207736 035 $a(Au-PeEL)EBL3441834 035 $a(CaPaEBR)ebr10642169 035 $a(CaONFJC)MIL421192 035 $a(MiAaPQ)EBC3441834 035 $a(EXLCZ)992550000000707706 100 $a20120130d2012 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aForeign aid allocation, governance, and economic growth$b[electronic resource] /$fKamiljon T. Akramov 205 $a1st ed. 210 $aPhiladelphia $cUniversity of Pennsylvania Press$dc2012 215 $a1 online resource (183 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-8122-4465-6 320 $aIncludes bibliographical references and index. 327 $t Frontmatter -- $tContents -- $tFigures -- $tTables -- $tForeword -- $tAcknowledgments -- $tAcronyms and Abbreviations -- $t1 Introduction -- $t2 Overview of Previous Studies -- $t3 Data and Descriptive Analysis -- $t4 Aid Allocation -- $t5 Aid and Economic Growth -- $t6 Conclusion -- $tA Development Thinking and Foreign Aid -- $tB Lists of Donors and Aid Recipients -- $tC Definitions and Sources of Regression Variables -- $tD Descriptive Summary Statistics -- $tE General Characteristics of Political Rights Scores and Civil Liberties Scores -- $tF Governance and Rent Extraction-Efficiency Trade-off in Aid Allocation -- $tG Derivation of the Growth Equation Augmented with Human Capital -- $tReferences -- $tIndex -- $tAbout the Author 330 $aHow important is foreign aid in fostering economic growth in developing countries? Does it help recipient countries, hurt them, or have little effect either way? Foreign Aid Allocation, Governance, and Economic Growth investigates this issue by looking at foreign aid by sector rather than treating it as an aggregate amount. Aid can be allocated to a recipient's production sectors (such as agriculture, manufacturing, or mining), economic infrastructure (such as transport, storage, or communications networks or power generation facilities), or social sectors (such as education or healthcare). This book differentiates among various channels through which each of these three categories of foreign aid affects economic growth.The findings suggest that economic aid, including aid to production sectors and economic infrastructure, contributes to economic growth by increasing domestic investment. Aid to social sectors, however, does not appear to have a significant impact on human capital (measured by school enrollment) and economic growth. This study also assesses the degree to which the quality of democratic governance in a recipient country influences foreign aid's effectiveness and finds that democracy is no guarantee of aid effectiveness. In fact, economic aid to less democratic countries can lead to better economic growth, at least initially, provided the aid recipients secure property rights and allow capital accumulation. Although further research into the question is necessary, Foreign Aid Allocation, Governance, and Economic Growth suggests that aid targeted to increasing domestic investment might be an effective means of fostering economic growth in less developed countries. 606 $aEconomic assistance$zDeveloping countries$xEvaluation 606 $aEconomic development$xSocial aspects$zDeveloping countries 606 $aEconomic indicators$zDeveloping countries 607 $aDeveloping countries$xEconomic conditions 610 $aBusiness. 610 $aEconomics. 610 $aPolitical Science. 610 $aPublic Policy. 615 0$aEconomic assistance$xEvaluation. 615 0$aEconomic development$xSocial aspects 615 0$aEconomic indicators 676 $a338.9109172/4 700 $aAkramov$b Kamil$0966069 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910779475703321 996 $aForeign aid allocation, governance, and economic growth$93712102 997 $aUNINA