Title Page
Contents
ABSTRACT 11
1. Introduction 13
1.1. Background and Purpose of the Study 13
1.2. Composition of the Study 16
2. Theoretical Background of ODA and Economic Growth 17
2.1. Official Growth Assistance (ODA) 17
2.1.1. History of ODA 17
2.1.2. Types of ODA 21
2.1.3. Current Status of ODA 24
2.2. Economic Growth Theory 33
2.3. Literature Review on Effects of ODA on Economic Growth 37
3. Analysis on Effects of ODA on Economic Growth of Emerging Countries: MINT 40
3.1. Research Model Design and Hypothesis 43
3.1.1. Research Model 43
3.1.2. Explanation of the Variables 45
3.1.3. Research Equation and Hypothesis 49
3.2. Research Method 50
3.3. Analysis on Effects of ODA on Economic Growth of Emerging Countries: MINT 51
3.3.1. Mexico 51
3.3.2. Indonesia 53
3.3.3. Nigeria 55
3.3.4. Turkey 56
4. Comparison and Implication 59
4.1. Comparison 59
4.1.1. Effects of net ODA on Economic Growth 59
4.1.2. Effects of ODA allocated in Economic Infrastructure & Services and Production on Economic Growth 65
4.2. Implication 71
5. Conclusion 76
REFERENCES 78
ABSTRACT IN KOREAN 85
Table 1. Classification of Aid 22
Table 2. ODA by Sector 23
Table 3. DAC List of ODA Recipients 25
Table 4. Top 10 DAC Donor Countries (net disbursement) 29
Table 5. Top Multilateral Donors (net bilateral disbursement) 30
Table 6. Top 10 ODA recipients (receipts from all donors, net ODA receipts) 32
Table 7. Literature review on effects of ODA 37
Table 8. Population of MINT Countries 41
Table 9. Composition of the Model 1 44
Table 10. Composition of the Model 2 44
Table 11. Descriptive of Variables 48
Table 12. Hypothesis of the study 49
Table 13. Result of the Regression: Mexico 51
Table 14. Result of the Regression: Indonesia 53
Table 15. Result of the Regression: Nigeria 55
Table 16. Result of the Regression: Turkey 57
Table 17. Influence variables: the result of the Model 1 59
Table 18. Control of corruption (2010) in MINT 60
Table 19. 2013 Aid Statistics: MINT 61
Table 20. Types of Aid allocated in MINT countries in 2013 61
Table 21. Influence variables: the result of the Model 2 65
Figure 1. ODA allocation by Income Group 28
Figure 2. ODA from the United States (USD billion 2013 prices & exchange rate) 29
Figure 3. ODA as % of GNI (2014) 31
Figure 4. Exports of MINT countries in 2013 vs. 2030 42
Figure 5. Death rate, crude (per 1,000 people): MINT 64
Figure 6. Flows of ODA allocated in Economic Infrastructure & Services and Production (1995-2013) 66