Effects of Foreign Aids, Oil Price, and Conflict on Low-Income OIC Countries’ Economic Growth
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McGraw-Hill
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This book chapter titled "Effects of Foreign Aids, Oil Price, and Conflict on Low-Income OIC Countries’ Economic Growth" was published in a book titled "Risks & Returns of Stocks, Bonds & Currencies for Malaysian and International Markets". The study examined the relationship between foreign aid and economic growth in low-income OIC countries. It also examined the roles of oil price and conflict in the relations. The span of the period and countries considered in the study reveals that low-income OIC countries received huge aid from donor countries but did not transform to economic growth. Recommendation were thus provided on how to align such aids to promote the growth of the low-income countries