Denmark | A newly defended doctoral dissertation at Copenhagen Business School (CBS) sheds light on the 21st-century evolution of foreign aid, revealing how Organization for Economic Co-operation and Development (OECD) donors increasingly align international assistance with domestic market interests. Authored by Dr. Salma Mahamed, the political economy thesis investigates the ongoing institutionalization of commercial motives within official development cooperation frameworks.Spanning three distinct empirical studies, the research tracks how Western donors are transitioning toward market-based aid practices. The findings reveal a modern ecosystem where industrial and corporate goals heavily dictate the deployment of specific development instruments. Furthermore, the dissertation analyzes how private-sector entities respond to these commercially motivated state incentives, illustrating how corporate forces reshape the global distribution of billions of foreign aid dollars. Ultimately, the work underscores that contemporary development assistance is increasingly balanced between traditional humanitarian relief and strategic domestic economic statecraft.
Source: Copenhagen Business School
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