Heckelman, Jac; Knack, Stephen - Economics Research, World Bank Group - 2005
reforms in these areas. This paper analyzes the impact of aid on market-liberalizing policy reform, correcting for the … possible endogeneity of aid. Results indicate that higher aid slowed reform over the 1980-2000 period, as measured by a broad … index of policies. Disaggregating policy into five areas, aid is significantly linked to slower reform in some policy areas …