A vast literature evaluates the effectiveness of development aid, often reaching sobering
conclusions. We argue that a key shortcoming of this literature is the focus on a narrow …

China is now the lender of first resort for much of the developing world, but Beijing has
fueled speculation among policymakers, scholars, and journalists by shrouding its grant …

We investigate whether foreign aid affects refugee flows from recipient countries. Combining
refugee data on 141 origin countries over the 1976–2013 period with bilateral Official …

Who benefits from economic freedom? Results from a panel of 86 countries over the 1990–
2005 period suggest that overall economic freedom has a significant positive effect on …

The emergence of China as a major development partner requires a reassessment of
traditional donor–recipient dynamics. In addition to adopting new rhetoric like “South–South …

This paper examines the impact of economic freedom on the financial fragility of 1,496 non-
financial SMEs in Vietnam over the period 2012–2020. We also evaluate the effect of …

For many countries with areas of limited statehood (ALS), foreign aid is an important source
of external finance. In total, more than 140 billion US dollars of official development …

We examine whether aid affects recipient countries' economic freedom. The existing
empirical literature examining this relationship has found conflicting results. However, all of …

Can foreign aid help free the press? Aid may boost press freedom by incentivizing
government to reduce media regulations and provide financial support for infrastructure …

Missing data is an issue in many empirical applications, as it may entail efficiency losses as
well as biased results. We address these problems within the literature that investigates the …