Combined Effects of Foreign Aid and Literacy Rate on Economic Growth

Seoha Min et al.

Review of European Studies2025https://doi.org/10.5539/res.v17n2p57article
AJG 1
Weight
0.50

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.

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https://doi.org/https://doi.org/10.5539/res.v17n2p57

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@article{seoha2025,
  title        = {{Combined Effects of Foreign Aid and Literacy Rate on Economic Growth}},
  author       = {Seoha Min et al.},
  journal      = {Review of European Studies},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.5539/res.v17n2p57},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 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.