This essay analyses the nexus between military expenditure and foreign aid in Egypt, while also examining the importance of governmental institutions in light of this relationship. The institutional variable is captured and interpreted... more
This essay analyses the nexus between military expenditure and foreign aid in Egypt, while also examining the importance of governmental institutions in light of this relationship. The institutional variable is captured and interpreted partially through the Vanhanen Index of democracy. By using a time-series dataset between the years 1966 – 2015 and applying as an empirical method an ordinary least square (OLS) regression, the obtained results imply military expenditure and foreign aid in Egypt are intertwined, yet the importance of governmental institutions presents only in some models a significant statistical correlation. However this simplistic approach to the research question for a one-country case study could stand as basis for further and more in-depth analysis on this current and relevant topic.
