Dr. Sophal Ear: Aid Dependence in Cambodia: How Foreign Assistance Undermines Democracy
Abstract: The more a country depends on aid, the more distorted are its incentives to manage its own development in sustainably beneficial ways. Cambodia, a post-conflict state that cannot refuse aid, is rife with trial-and-error donor experiments and their unintended results, including bad governance - a major impediment to rational economic growth. Based on a comparison of how more and less aid-dependent sectors have performed, Dr. Ear will highlight the complicity of foreign assistance in helping to degrade Cambodia's political economy.