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Are the development aid and democracy inseparable?
Vokolek, Aleš
;
Plechanovová, Běla
(advisor) ;
Kučerová, Irah
(referee)
Master Thesis called Are the development aid and democracy inseparable? aims to find out what impact does development aid have on democracy. The development aid is divided into four groups. Hypotheses are tested on data of 48 of countries from Sub-Saharan Africa in the period starting from the end of the Cold War and ending in 2009. In order to achieve its aim, the study uses regression model of ordinary least squares in combination with moving averages, when in position of dependent variable stands either value of democracy according to Polity IV Project or value of democracy evaluated by Freedom House. In first two chapters is presented theoretical concept of this study, on which this study is based on. In third chapter dependent and independent variables are analyzed including their descriptive characteristics. In the fourth and the fifth chapter the basic model is introduced, estimated results are analyzed and in following sixth chapter the model and results are tested. The estimated results of both models confirm the hypothesis about positive influence of human capital development aid on democracy. On the contrary, both models disprove the hypothesis about positive relationship of institutional aid with democracy and they both find negative influence of institutional development aid on...
Detailed record
Impact of foreign aid and remittances on economic growth in Sub-Saharan Africa
Vokolek, Aleš
;
Rod, Aleš
(advisor) ;
Čermáková, Klára
(referee)
The aim of the bachelor thesis is to determine what impact of foreign aid on economic growth in Sub-Saharan countries is. For this purpose the foreign aid is decomposed into several groups and at the same time the difference between commitment and disbursement is taken into account. For estimation of the model the study uses the method of five and three-years moving averages as well as the method of Generalized Linear Models. According to the results there is observable a positive influence on GDP per capita in case of foreign aid for education and in case of foreign aid for private business. On the contrary, foreign aid for agriculture, foreign aid for infrastructure and debt aid have negative impact on economic growth. In case of explanatory variables as remittances and fiscal foreign aid there is no proof of their significance in the model.
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