This article examines the possible role of Official Development Assistance (ODA), or foreign aid, in the development process of recipient countries, taking into consideration the contributions of a vast group of theoretical approaches. The arguments against and in favour of granting official...

Motivation: In recent years, foreign aid donors have tried to become more transparent, often by sharing information digitally. However, the politicization of individual aid projects has resulted in biased reporting, raising doubts about the legitimacy of aid in general. We therefore examine...

"Using Kenya as a case study, this book demonstrates the effects and limitations of foreign aid on development and human security in poor countries to reshape the processes for the benefit of both the donors and the intended beneficiaries."

Research shows that foreign asset expropriation narrows long-term bond spreads, resulting in lower borrowing costs. However, no empirical studies have investigated the effects of expropriation on sovereign bond ratings. Bondholders and sovereign bond issuers track ratings by credit rating...