JOURNAL ARTICLE

DOES FOREIGN AID PROMOTE DEMOCRATIC INSTITUTIONS IN POST-CONFLICT CAMBODIA? EVIDENCE FROM ARDL BOUNDS TESTING APPROACH.

Published In: Singapore Economic Review, 2026, v. 71, n. 1. P. 127 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: SLESMAN, LY 3 of 3

Abstract

Whether foreign aid promotes or hinders democratic institutions has been debated with opposing views. This paper investigates short- and long-run effects of foreign aid on democratization in post-conflict Cambodia using autoregressive distributed lag bounds testing and Gregory–Hansen structural break testing approach for cointegration over 1980–2015 period. The findings reveal that net bilateral foreign aid per capita, aggregated and classified into purpose-based 'governance aid', 'economic aid', 'other aid' and 'donor-specific aid' from the US, EU, France, Australia and Japan, promote long-run democratization. In the short run, only governance and economic aid appear to have a consistent positive effect on democratization. [ABSTRACT FROM AUTHOR]

Additional Information

Source:Singapore Economic Review. 2026/03, Vol. 71, Issue 1, p127
Document Type:Article
Subject Area:Military History and Science
Publication Date:2026
ISSN:0217-5908
DOI:10.1142/S0217590821500429
Accession Number:191842223
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