Foreign Aid and the Culture of Contracting
Abstract
We analyze the relationship between foreign aid and the “culture of contracting.” Contracting culture refers to cultural characteristics — trust, respect, level of self-determination, and level of obedience — which allow for impersonal exchange. Theoretically, aid may affect the culture of contracting for better or worse. We empirically analyze this possibility and find that aid generates negative effects on the culture of contracting. The less...
Paper Details
Title
Foreign Aid and the Culture of Contracting
Published Date
Dec 1, 2015
Journal
Volume
41
Issue
1
Pages
102 - 125
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