{"product_id":"u-s-aid-and-economic-growth-in-low-and-middle-income-countries-von-anastasia-aladysheva","title":"U.S. Aid and Economic Growth in Low- and Middle-Income Countries","description":"\u003cp\u003eThe concept of foreign aid has been shaped with a  principle goal of promotion sustainable economic  development and growth in poor countries. The central objective of this book is to re-examine the  relationship between U.S. foreign aid and growth of  per capita GDP in low- and middle-income countries.  Using data from 139 countries covering 61 years, the  empirical estimation shows that there is no effect of aid on growth. The main implication of the result  supports the perception that the U.S. allocates aid  strategically and not just for the development  purposes. Moreover, the recipient countries are  constrained by the numerous economic, political and  institutional factors that impede their development  and growth. This result does not suggest that aid  cannot be efficiently allocated in the future, but  important steps should be made by the governments of  the recipient countries as well as the donors to  reduce the influence of these constraints. The  analysis of the book should be especially useful for  the political economists and other professionals who  are interested in foreign aid allocation, its  efficiency and the big politics behind it.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838333274\"\u003e\u003ch3\u003eThe Impact of U.N. Security Council Membership\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838333274","offer_id":39498882252893,"sku":"9783838333274","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/6c283678-a3a8-4cda-bc80-b5ee2ca8d197.jpg?v=1758876105","url":"https:\/\/shop.autorenwelt.de\/products\/u-s-aid-and-economic-growth-in-low-and-middle-income-countries-von-anastasia-aladysheva","provider":"Autorenwelt Shop","version":"1.0","type":"link"}