An Economic and Constitutional Analysis of Foreign Aid

8 Pages Posted: 14 Jul 2016

See all articles by Robert W. McGee

Robert W. McGee

Fayetteville State University - Department of Accounting

Date Written: July 13, 2016

Abstract

The purpose of this paper is not to fully analyze the various programs or arguments that have been given over the years to justify or attack foreign aid, but rather to examine the practice of foreign aid through the lens of economic analysis and constitutional analysis, which has not really been done in the literature. Most analyses of foreign aid do not apply either utilitarian economic analysis (or they don’t apply it properly) or constitutional analysis to this very important issue. The aim of the present paper is to fill that gap in the literature.

Keywords: Foreign Aid, Utilitarian, Rights, General Welfare Clause, Constitution, Negative-Sum Game, Methodology, Public Choice

JEL Classification: F35, A13, A1, A2, B4, B53, D6, D7, D8, E14, K, O24

Suggested Citation

McGee, Robert W., An Economic and Constitutional Analysis of Foreign Aid (July 13, 2016). Available at SSRN: https://ssrn.com/abstract=2809461 or http://dx.doi.org/10.2139/ssrn.2809461

Robert W. McGee (Contact Author)

Fayetteville State University - Department of Accounting ( email )

Fayetteville, NC 28301
United States

HOME PAGE: http://robertwmcgee.com

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