What is it about?
The effectiveness of foreign aid in stimulating economic development is a topic of intense debate in the scientific community and among policy analysts. Numerous empirical studies are devoted to investigating the impact of foreign aid on the economic growth/development of recipient countries. This study reviews the literature relevant to this debate using the bibliometric data of scholarly papers in the Scopus database. Our intention is to identify the trends of publications, their geographical distribution and the most influential journals, authors and articles in this field of research.
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Why is it important?
This paper identifies the most influentials journals, papers, and authors on the efficacy of foreign aids on economic development. It also provides a detailed content analysis of the most influential articles.
Perspectives
This paper's key message is that the potential success rate of foreign aids mostly depending upon institutional stability in aid recipient countries. This has profound policy implications for developing countries ( aid recipients) and donor countries.
Dr Reza FathollahZadeh Aghdam
Sultan Qaboos University
Read the Original
This page is a summary of: The impact of foreign aid on economic development: A systematic literature review and content analysis of the top 50 most influential papers, Journal of International Development, April 2021, Wiley,
DOI: 10.1002/jid.3543.
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