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Author:Harms, P.
Lutz, M.
Title:Aid, governance and private foreign investment: some puzzling findings for the 1990s
Journal:Economic Journal
2006 : JUL, VOL. 116:513, p. 773-790
Index terms:aid
developing countries
emerging markets
Freeterms:foreign direct investment
Language:eng
Abstract:This article discusses whether official aid paves the way for foreign direct investment or does it divert resources toward unproductive activitie. The authors use data from a large number of developing and emerging economies during the 1990s. The results suggest that the effect is positive for countries in which private agents face a substantial regulatory burden.
SCIMA record nr: 262783
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