Do elites benefit from democracy and foreign aid in developing countries?
The topic the article discusses is whether political elites benefit from democracy and foreign aid comparing to the rest of population in world. The author makes the following conclusion that the final results of his research conducted provide robust support for the hypothesis by making it clear that democracy and foreign aid is indeed has an impact on total income of elite in many developing countries, yet not specifically in autocracies. It is widely believed that in recipient countries most of beneficial effects of foreign aid are removed by political elites. According to statistic on total income which came Continue reading...