The optimism surrounding aid for trade (AfT) led scholars and practitioners to probe its link with trade performance of aid-recipient countries in Africa. In the absence of formal evaluation guidelines, most previous studies, using aggregate data, have looked into the impacts of AfT on exports...

In Africa, good governance has been preached as a panacea to reverse economic plight, to attract inflow of capital, and, in some cases, to reverse capital outflows. The flow of capital, however, has side effects on host economies' governance, among other things. Given the highly expected...

The purpose of this study is to present a portrait of the foreign aid flow to Ethiopia during the 1960 to 2003 period. Since the launch of Marshal Plan after World War II, the flow of foreign aid has been seen as the panacea to overcome underdevelopment. Ethiopia is not an exception to this...