Expropriation and foreign direct investment in a positive economic theory of foreign aid
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DOI: 10.1007/s00199-016-0973-4
Abstract: This paper articulates a positive economic theory of foreign aid and presents a novel analysis of the nexus between institutions, foreign direct investment (FDI), and aid. In the model, aid is motivated by non-altruistic economic… read more here.
Keywords: positive economic; aid; expropriation; economic theory ... See more keywords