Foreign Aid, Foreign Debt, and Development: The Muslim World Scenario

Moniruzzaman, Md.

doi:10.1007/978-94-007-2633-8_9

The Muslim World in the 21st Century 2012

DOI: 10.1007/978-94-007-2633-8_9

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Foreign Aid, Foreign Debt, and Development: The Muslim World Scenario

Md. Moniruzzaman

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2019

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Does Foreign Aid Help or Hinder the Institutional Quality of the Recipient Country? New Evidence From the Oic Countries

Chowdhury

Ariff

Masih

et al. 2019

Singapore Econ. Rev.

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This study examines the impact of foreign aid on the institutional quality (IQ) of the OIC countries. Using the data of OIC countries for the three-year average period from 1991 to 2016, the system GMM finds that aid in general deteriorates the IQ for the aid recipient countries. However, quantile regression suggests that the negative impact of foreign aid on institutional quality (IQ) is relatively greater in the countries where the existing quality of institution is poor. The findings of the study suggest that improving the existing capacity is essential for reaping the optimum benefit of foreign aid on institutional development.

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Does Foreign Aid Help or Hinder the Institutional Quality of the Recipient Country? New Evidence From the Oic Countries

Chowdhury

Ariff

Masih

et al. 2019

Singapore Econ. Rev.

View full text Add to dashboard Cite

show abstract

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Foreign Aid, Foreign Debt, and Development: The Muslim World Scenario

Cited by 1 publication

References 30 publications

Does Foreign Aid Help or Hinder the Institutional Quality of the Recipient Country? New Evidence From the Oic Countries

Does Foreign Aid Help or Hinder the Institutional Quality of the Recipient Country? New Evidence From the Oic Countries

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