Download or read book How foreign aid is undermining economic development in sub Saharan Africa written by Hopewell Gotwe Manyonga and published by . This book was released on 2011 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Foreign Aid on Economic Growth in Developing Countries written by Semere Tesfamariam Kahsay and published by . This book was released on 2020-03-06 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Aid and the Future of Africa written by Kenneth Kalu and published by Springer. This book was released on 2018-05-22 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past five decades, sub-Saharan Africa has received more foreign aid than has any other region of the world, and yet poverty remains endemic throughout the region. As Kenneth Kalu argues, this does not mean that foreign aid has failed; rather, it means that foreign aid in its current form does not have the capacity to procure development or eradicate poverty. This is because since colonialism, the average African state has remained an instrument of exploitation, and economic and political institutions continue to block a majority of citizens from meaningful participation in the economy. Drawing upon case studies of Angola, Cameroon, Chad, Equatorial Guinea, Democratic Republic of the Congo, and Nigeria, this book makes the case for redesigning development assistance in order to strike at the root of poverty and transform the African state and its institutions into agents of development.
Download or read book Improving Aid to Africa written by Nicolas Van de Walle and published by . This book was released on 1996 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: As foreign aid flows decline and skepticism toward the effectiveness of aid to Africa grows, a major reassessment of aid is needed. While the ineffectiveness of aid to Africa is a long-standing concern, past studies typically have been driven bydonor priorities and have rarely focused on recipient governments. This neglect of the role of African governments is remarkable, since aid constitutes 10 to 15 percent of GNP in many African countries and often represents over half of all public investment. If the impact of official development assistance (ODA) is to be improved, recipient governments must become more involved in the reform of aid. This essay presents the policy findings of a collaborative project of field research and analyses of how African countries use aid resources and of donor/African relations. "The widespread belief of free market economists and nongovernmental organizations that government is the problem and not part of the solution has become a self-fulfilling prophesy in Africa,"writes van de Walle and Johnston, "donors must devote greater attention and resources to help build the capacity of African Governments to effectively manage aid, even as they encourage the central state to retrench from nonessential functions." The study assesses current donor practices and the impact of economic crisis on aid effectiveness in the region; and it offers recommendations to promote management capacity, focusing on the integration of aid resources in development management, sectoral specialization, and public dialogue on aid.
Download or read book Aid Taxation and Development written by Christopher S. Adam and published by World Bank Publications. This book was released on 1998 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing effective aid programs requires accurately diagnosing problems. Under current donor efforts to promote democratization and institutional development, the shift from policy to institutional conditionality reflects an attempt by Africa's donors to recast the aid relationship from one that at best secures temporary policy changes to one that permanently alters institutions in favor of sustained growth and development. The design of effective aid programs depends on the diagnosis of the problem. To say that institutional failures are central to Africa's poor economic performance is not to repudiate early interpretations based on policy failures and capital shortages. Institutional failures produce policy failures that in turn produce capital shortages or the equivalent. Adam and O'Connell focus on the core of the evolving (mainly external) diagnosis of the African development problem, making these main points, among others: * Tax and taxlike distortions tend to be high and volatile in Africa. These influence the allocation of national wealth and can reduce both the level and productivity of domestic investment. The composition of domestic investment seems to be more important in explaining poor African growth than the level of domestic investment. * Policy-generated uncertainty (under-emphasized in the literature) can activate socially inefficient self-insurance mechanisms that reduce growth. When leaders have substantial discretion about policy, as they do in most African countries, executive transitions become a major source of uncertainty. * Patronage is heavily used in African systems of personal rule. Governments use distortionary taxes to finance transfers to politically powerful groups. * A government that is captive to a favored group will trade off growth for transfers, if the group is small enough relative to the government's disposable resources. In such a case, conditional aid can be ineffective in spurring growth and investment, even when the potential gains from aid are great. * Conditionality is required to secure the gains from aid when nonrepresentative political structures generate a conflict of interest between donors and recipient governments. When donors are in a strong bargaining position, conditionality agreements that mandate a reduction in distortionary taxes will also require that some part of lost revenues be made up by cuts in politically motivated transfers. But policy conditionality is difficult to enforce and even when perfectly enforceable is subject to the problem of aid dependency. * To avoid aid dependency, donors must focus on conditionality that shifts the no aid point. Under current donor efforts to promote democratization and institutional development, the shift from policy to institutional conditionality reflects an attempt by Africa's donors to recast the aid relationship from one that at best secures temporary policy changes to one that permanently alters institutions in favor of sustained growth and development. This paper-a product of the Development Research Group-is part of the research project Analytical Perspectives on Aid Effectiveness in Sub-Saharan Africa (RPO 680-18). The study was funded by the Bank's Research Support Budget.
Download or read book Foreign Aid and Economic Development in Sub Saharan Africa written by Doubra Joyce Wariebi and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Problems Promises and Paradoxes of Aid written by J. Oloka-Onyango and published by Cambridge Scholars Publishing. This book was released on 2014-11-10 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an anthology of essays contributing new scholarship to the contemporary discourse on the concept of aid. It provides an interdisciplinary investigation of the role of aid in African development, compiling the work of historians, political scientists, legal scholars, and economists to examine where aid has failed and to offer new perspectives on how aid can be made more effective. Questions regarding the effectiveness of aid are addressed here using specific case studies. The question of ownership is examined in the context of two debates: 1) to what extent should aid be designed by the recipient country itself? and 2) should aid focus on “need” or “performance”? That is, should donors direct aid to the poorest countries, regardless of their policies and governance, or should aid “reward” countries for doing the right thing? The future of aid is also addressed: should aid continue to be a part of the development agenda for countries in sub-Saharan Africa? If so, how much and what type of aid is needed, and how it can be made most effective? The major criticism against aid is that it cripples the recipient country’s economic growth by turning it into a passive receiver; in addition, it has been noted that aid is mostly supply-driven, depending upon donors rather than the actual needs of recipients. For this reason, aid may not meet the goals for which it was intended. To meet the needs of the communities they want to help, donors should work through consultation and a measure of recipient ownership. Donors need to understand context, to protect human rights, and to be guided by principles of social and environmental justice. Other suggested strategies for making aid more effective include peer review; self-assessment; the empowerment of women; encouraging accountability; investing in agriculture; helping smallholder subsistence farmers; introducing ethical and professional standards for civil service; and raising the competence of civil servants.
Download or read book Contending Theories on Development Aid written by Leslie O. Omoruyi and published by Routledge. This book was released on 2017-09-20 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001: This thorough and comprehensive examination of the nature and pattern of post-Cold War aid to sub-Saharan Africa provides incisive, comparative case studies of the motivations behind the foreign aid policies of key members of the Development Association Committee (DAC). In one of the most rigorous contemporary efforts to evaluate the adequacy of the dominant theories of international relations on an important subject like foreign aid, Dr Omoruyi eschews easy answers to the problem of Africa's marginalization in the international system. He provides thoughtful, innovative suggestions for promoting a new development partnership between industrialized countries and Africa using a sophisticated quantitative method of inquiry, making this text a valuable contribution to social science literature on research methods.
Download or read book Foreign Aid and Development in South Korea and Africa written by Kelechi Amihe Kalu and published by . This book was released on 2021 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: Politics, Institutions, Donor and Recipient Relationships -- South Korea: A Case of Effective Aid -- Ghana: A Case of Aid Success? -- The Politics of U.S. Aid to Nigeria -- Zambia: Aid Dependency and Dependent Development -- Myanmar: A Sub-Saharan African Case in Southeast Asia -- A Comparative Analysis of Foreign Aid and Development in South Korea and African Countries -- Conclusion: Toward Sustainable Donors and Recipients Partnership.
Download or read book The Developmental Effectiveness of Aid to Africa written by Tony Killick and published by World Bank Publications. This book was released on 1991 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aid to Sub-Saharan Africa has been less effective in promoting economic development than has aid to other regions. Policies in the recipient countries of Africa - though certainly not the only factor - play the most important role in determining aid's effectiveness. At the heart of the problem is politics, and the solution rests in the hands of the people of Africa.
Download or read book Aid and Development in Sub Saharan Africa written by R. Renard and published by . This book was released on 1987 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dead Aid written by Dambisa Moyo and published by Macmillan. This book was released on 2009-03-17 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.
Download or read book Foreign Aid Reconsidered written by Roger Riddell and published by . This book was released on 1987 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: A review of the theoretical debates around aid.
Download or read book Foreign Aid and Development written by Finn Tarp and published by Routledge. This book was released on 2000-08-17 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Hjertholm, Editorial Assistant Aid has worked in the past but can be made to work better in the future. In this important new book, leading economists and political scientists, including experienced aid practitioners, re-examine foreign aid. The evolution of development doctrine over the past fifty years is critically investigated, and conven
Download or read book Foreign Aid Corruption and Socio economic Development in Sub saharan Africa written by Christiana Omotola Obadein and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis investigates the inter-related effects of foreign aid, control of corruption and governance on the development of Sub-Saharan African countries. The study examines how corruption influences the effect that infrastructural and total foreign aid have on social and economic development in this part of Africa. This study employs the fixed effect regression quantitative model to analyze the impact of foreign aid on corruption and socio-economic development in Sub-Saharan African countries between 2002 and 2014. The results of this study shows that contrary to expectation, infrastructural aid is uncorrelated with corruption except when there is a governance measure such as regulatory quality and democracy. Similarly, the results show that the effect of total foreign aid and infrastructural aid on health expenditure (social development) is reduced as control of corruption increases, but showed no effect on GDP annual growth (an indicator of economic development). In conclusion, this study shows that foreign aid leads to increased health spending in high corruption countries, thereby making funds more susceptible for embezzlement by officials through corruption.
Download or read book The Trouble with Africa written by Robert Calderisi and published by Macmillan + ORM. This book was released on 2014-12-23 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: After years of frustration at the stifling atmosphere of political correctness surrounding discussions of Africa, long time World Bank official Robert Calderisi speaks out. He boldly reveals how most of Africa's misfortunes are self-imposed, and why the world must now deal differently with the continent. Here we learn that Africa has steadily lost markets by its own mismanagement, that even capitalist countries are anti-business, that African family values and fatalism are more destructive than tribalism, and that African leaders prey intentionally on Western guilt. Calderisi exposes the shortcomings of foreign aid and debt relief, and proposes his own radical solutions. Drawing on thirty years of first hand experience, The Trouble with Africa highlights issues which have been ignored by Africa's leaders but have worried ordinary Africans, diplomats, academics, business leaders, aid workers, volunteers, and missionaries for a long time. It ripples with stories which only someone who has talked directly to African farmers--and heads of state--could recount. Calderisi's aim is to move beyond the hand-wringing and finger-pointing which dominates most discussions of Africa. Instead, he suggests concrete steps which Africans and the world can take to liberate talent and enterprise on the continent.
Download or read book The Economics Of Foreign Aid And Self sustaining Development written by Raymond F Mikesell and published by Westview Press. This book was released on 1983-04-12 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
