Exploring Effectiveness of Official Development Assistance Comparison Analysis of Developing Countries

Abstract

This study examines the effectiveness of foreign aid in developing countries, especially in the healthcare sector. This study also investigates the relationship between foreign aid and infant mortality rate in countries such as Myanmar, Cambodia and Vietnam for 2002 -2015. The empirical results show that there is a negative relationship between foreign aid and infant mortality rate. The foreign aid can be effective with sound governance and lower rate of corruption. Infant mortality rates can be reduced with good sanitation facilities and decreasing numbers of HIV/AIDS sufferers. This study applied regression method for analyzing the relationship and provide policy and managerial implications.