Combined Effects of Foreign Aid and Literacy Rate on Economic Growth
Seoha Min et al.
What the paper says
This study examines how official development assistance (ODA) amounts and literacy rates complexly influence countries’ rates of economic growth. Design/methodology/approach: We conduct a panel regression analysis of data from 2001 to 2020. Findings: The major findings are: (1) ODA is more effective in countries with low literacy rates; (2) ODA can even have negative impacts in high-literacy countries; and (3) in addition to considering foreign aid and its applications, discussions of countries’ development should therefore take into account domestic systems and social geographies. Research limitations/implications: Literacy rate is only one indicator of national development; a broader analysis is therefore needed to fully elucidate countries’ economic development. Originality/value: While previous studies position foreign aid as a natural ground for examining economic development, this study widens the debate by highlighting the importance of countries’ domestic social infrastructure and the networks that undergird development.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.