Lessons on Foreign Aid and Economic Development

Nabamita Dutta is Associate Professor of Economics at University of Wisconsin-La Crosse, USA. To date, she has published over 40 peer reviewed articles on various topics (e.g. foreign aid, press freedom, economic freedom, financial development, and entrepreneurship) at the intersection of new institutional economics and economic development. Her articles have appeared in esteemed journals like the European Journal of Political Economy, Kyklos, Industrial Relations: A Journal of Economy and Society, Journal of Institutional Economics, Small Business Economics, International Review of Economics and Finance, Economic Modelling and the Review of International Economics. She has been a visiting research scholar at various institutions in India, Australia, and Germany, and has delivered invited research talks at various prestigious international conferences and workshops. Her research has also been covered by the media, in particular by the BBC, New York Magazine, and Ideas for India.Claudia R. Williamson is Associate Professor of Economics and the Drew Allen Endowed Fellow at Mississippi State University, USA. Her research focuses on applied microeconomics, the role of culture in development, and the political economy of development policies, such as foreign aid. She currently serves as an editor for the Journal of Institutional Economics. Claudia has authored over 35 articles in refereed journals including the Journal of Law and Economics, World Development, Journal of Comparative Economics, Public Choice, Journal of Corporate Finance, and Journal of Institutional Economics. Her work is cited in top journals including the American Economic Review, American Political Science Review, Journal of Economic Growth, and the European Economic Review. Her research has also appeared in popular press outlets, such as The Economist and the BBC.

• 1. Introduction.- 2. Foreign Aid Conditionality and Economic Growth.- 3. Types of Aid.- 4. An Effectiveness, Efficiency, and Equity Approach to Examining Subnational Health.- 5. Evaluating Aid Agencies: Challenges, Comparisons, and Causes of Best Aid Practices.- 6. What Influences World Bank Project Evaluations?.- 7. Aid Allocation and Outcomes: What Role Do Political Motives Play?.- 8. Foreign Aid and Recipient State Capacity.- 9. Foreign Aid and Repression.- 10. Can Foreign Aid Promote Political and Economic Freedom?.- 11. Potential Pitfalls in Private Aid: A Cautionary Note for Non-Governmental Assistance.- 12. Remittances and FDI as Privately Provided International Aid.- 13. The Role of Entrepreneurs in Facilitating Remittances in Cuba.