Does Foreign Aid Help Or Hinder The Institutional Quality Of The Recipient Country? New Evidence From The Oic Countries

Chowdhury, M.A.F.; Ariff, M.; Masih, M.; Ismail, I.; UniKL BiS

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dc.contributor.author	Chowdhury, M.A.F.
dc.contributor.author	Ariff, M.
dc.contributor.author	Masih, M.
dc.contributor.author	Ismail, I.
dc.contributor.author	UniKL BiS
dc.date.accessioned	2023-08-16T05:00:53Z
dc.date.available	2023-08-16T05:00:53Z
dc.date.issued	2022-03-01
dc.identifier.citation	Chowdhury, M.A.F., Ariff, M., Masih, M., Ismail, I. (2022). Does foreign aid help or hinder the institutional quality of the recipient country? New evidence from the OIC countries. The Singapore Economic Review. 67. 10.1142/S0217590819420037.	en_US
dc.identifier.issn	02175908
dc.identifier.uri	http://hdl.handle.net/123456789/28474
dc.description	This article index by Scopus	en_US
dc.description.abstract	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.	en_US
dc.publisher	World Scientific	en_US
dc.subject	Foreign aid	en_US
dc.subject	institutional quality	en_US
dc.subject	OIC countries	en_US
dc.subject	quantile regression	en_US
dc.subject	system GMM	en_US
dc.title	Does Foreign Aid Help Or Hinder The Institutional Quality Of The Recipient Country? New Evidence From The Oic Countries	en_US
dc.type	Article	en_US