Download or read book What If Africa Stops Receiving Foreign Aid written by and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Covid-19 pandemic exacerbated poverty levels in Africa, with the number of people living in extreme poverty in sub-Saharan Africa projected to increase from 449 million (pre-Covid) to 478 million by 2022. The crisis also induced the continent's first economic recession in 25 years. Globally, the pandemic has generated multiple geostrategic uncertainties among nation states, and regional and international institutions. Policymakers in both donor and recipient countries are faced with the task of responding to the unpredictability of these developments, which may include reconsidering foreign policy priorities in the light of domestic imperatives. Addressing the possibility of declining investments and donor fatigue on the back of Covid-19, this Brief explores one key 'if' concerning the future of external support for Africa's development: 'what if, for the first time in more than 60 years, Africa stops receiving development assistance and foreign investments?' The first section of the Brief describes a tipping point in 2030 showing Africa's economic outlook in a future in which development aid and investments have been drastically reduced. The second section explains developments between 2021 and the tipping point in 2030, while the third section outlines the consequences in terms of Africa's development.
Download or read book Dead Aid written by Dambisa Moyo and published by Farrar, Straus and Giroux. This book was released on 2009-03-17 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse. In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined—and millions continue to suffer. Provocatively drawing a sharp contrast between African countries that have rejected the aid route and prospered and others that have become aid-dependent and seen poverty increase, Moyo illuminates the way in which overreliance on aid has trapped developing nations in a vicious circle of aid dependency, corruption, market distortion, and further poverty, leaving them with nothing but the "need" for more aid. 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 that guarantees economic growth and a significant decline in poverty—without reliance on foreign aid or aid-related assistance. Dead Aid is an unsettling yet optimistic work, a powerful challenge to the assumptions and arguments that support a profoundly misguided development policy in Africa. And it is a clarion call to a new, more hopeful vision of how to address the desperate poverty that plagues millions.
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 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 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 Re Inventing Africa s Development written by Jong-Dae Park and published by Springer. This book was released on 2018-12-31 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyses the development problems of sub-Sahara Africa (SSA) from the eyes of a Korean diplomat with knowledge of the economic growth Korea has experienced in recent decades. The author argues that Africa's development challenges are not due to a lack of resources but a lack of management, presenting an alternative to the traditional view that Africa's problems are caused by a lack of leadership. In exploring an approach based on mind-set and nation-building, rather than unity – which tends to promote individual or party interests rather than the broader country or national interests – the author suggests new solutions for SSA's economic growth, inspired by Korea's successful economic growth model much of which is focused on industrialisation. This book will be of interest to researchers, policymakers, NGOs and governmental bodies in economics, development and politics studying Africa's economic development, and Korea's economic growth model.
Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
Download or read book The Hollow Hope written by Gerald N. Rosenberg and published by University of Chicago Press. This book was released on 2008-09-15 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: In follow-up studies, dozens of reviews, and even a book of essays evaluating his conclusions, Gerald Rosenberg’s critics—not to mention his supporters—have spent nearly two decades debating the arguments he first put forward in The Hollow Hope. With this substantially expanded second edition of his landmark work, Rosenberg himself steps back into the fray, responding to criticism and adding chapters on the same-sex marriage battle that ask anew whether courts can spur political and social reform. Finding that the answer is still a resounding no, Rosenberg reaffirms his powerful contention that it’s nearly impossible to generate significant reforms through litigation. The reason? American courts are ineffective and relatively weak—far from the uniquely powerful sources for change they’re often portrayed as. Rosenberg supports this claim by documenting the direct and secondary effects of key court decisions—particularly Brown v. Board of Education and Roe v. Wade. He reveals, for example, that Congress, the White House, and a determined civil rights movement did far more than Brown to advance desegregation, while pro-choice activists invested too much in Roe at the expense of political mobilization. Further illuminating these cases, as well as the ongoing fight for same-sex marriage rights, Rosenberg also marshals impressive evidence to overturn the common assumption that even unsuccessful litigation can advance a cause by raising its profile. Directly addressing its critics in a new conclusion, The Hollow Hope, Second Edition promises to reignite for a new generation the national debate it sparked seventeen years ago.
Download or read book The End of Poverty written by Jeffrey D. Sachs and published by Penguin. This book was released on 2006-02-28 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Book and man are brilliant, passionate, optimistic and impatient . . . Outstanding." —The Economist The landmark exploration of economic prosperity and how the world can escape from extreme poverty for the world's poorest citizens, from one of the world's most renowned economists Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries. Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.
Download or read book Aid written by John Degnbol-Martinussen and published by Zed Books. This book was released on 2003 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the most comprehensive and up-to-date analysis of the global aid scene.
Download or read book Leave No One Behind written by Homi Kharas and published by Brookings Institution Press. This book was released on 2019-10-29 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ambitious 15-year agenda known as the Sustainable Development Goals, adopted in 2015 by all members of the United Nations, contains a pledge that “no one will be left behind.” This book aims to translate that bold global commitment into an action-oriented mindset, focused on supporting specific people in specific places who are facing specific problems. In this volume, experts from Japan, the United States, Canada, and other countries address a range of challenges faced by people across the globe, including women and girls, smallholder farmers, migrants, and those living in extreme poverty. These are many of the people whose lives are at the heart of the aspirations embedded in the 17 Sustainable Development Goals. They are the people most in need of such essentials as health care, quality education, decent work, affordable energy, and a clean environment. This book is the result of a collaboration between the Japan International Cooperation Research Institute and the Global Economy and Development program at Brookings. It offers practical ideas for transforming “leave no one behind” from a slogan into effective actions which, if implemented, will make it possible to reach the Sustainable Development Goals by 2030. In addition to policymakers in the field of sustainable development, this book will be of interest to academics, activists, and leaders of international organizations and civil society groups who work every day to promote inclusive economic and social progress.
Download or read book The Elusive Quest for Growth written by William R. Easterly and published by MIT Press. This book was released on 2002-08-02 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why economists' attempts to help poorer countries improve their economic well-being have failed. Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work. In this book Easterly shows how these solutions all violate the basic principle of economics, that people—private individuals and businesses, government officials, even aid donors—respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.
Download or read book Corruption and Development in Africa written by K. Hope and published by Springer. This book was released on 1999-08-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together a distinguished cast of contributors, the book provides an authoritative and definitive analysis of the theory, practice and development impact of corruption in Africa. Combating corruption is demonstrated to require greater priority in the quest for African development.
Download or read book Why We Lie About Aid written by Pablo Yanguas and published by Zed Books Ltd.. This book was released on 2018-02-15 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign aid is about charity. International development is about technical fixes. At least that is what we, as donor publics, are constantly told. The result is a highly dysfunctional aid system which mistakes short-term results for long-term transformation and gets attacked across the political spectrum, with the right claiming we spend too much, and the left that we don't spend enough. The reality, as Yanguas argues in this highly provocative book, is that aid isn't – or at least shouldn't be – about levels of spending, nor interventions shackled to vague notions of ‘accountability’ and ‘ownership’. Instead, a different approach is possible, one that acknowledges aid as being about struggle, about taking sides, about politics. It is an approach that has been quietly applied by innovative development practitioners around the world, providing political coverage for local reformers to open up spaces for change. Drawing on a variety of convention-defying stories from a variety of countries – from Britain to the US, Sierra Leone to Honduras – Yanguas provides an eye-opening account of what we really mean when we talk about aid.
Download or read book Aid to Africa written by Debra A. Miller and published by Greenhaven Press, Incorporated. This book was released on 2009 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a collection of essays about aid to Africa from diverse viewpoints, discussing the problems Africa faces, the benefits and costs of trade, and whether natural resources can save the continent.
Download or read book African Awakening written by Sokari Ekine and published by Fahamu/Pambazuka. This book was released on 2012 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation. The tumultuous uprisings in Tunisia, Egypt and Libya have seized the attention of media, but what about the rest of Africa? This text presents the 2011 uprisings in their African context.
Download or read book The Great Escape written by Angus Deaton and published by Princeton University Press. This book was released on 2024-05-21 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Nobel Prize–winning economist tells the remarkable story of how the world has grown healthier, wealthier, but also more unequal over the past two and half centuries The world is a better place than it used to be. People are healthier, wealthier, and live longer. Yet the escapes from destitution by so many has left gaping inequalities between people and nations. In The Great Escape, Nobel Prize–winning economist Angus Deaton—one of the foremost experts on economic development and on poverty—tells the remarkable story of how, beginning 250 years ago, some parts of the world experienced sustained progress, opening up gaps and setting the stage for today's disproportionately unequal world. Deaton takes an in-depth look at the historical and ongoing patterns behind the health and wealth of nations, and addresses what needs to be done to help those left behind. Deaton describes vast innovations and wrenching setbacks: the successes of antibiotics, pest control, vaccinations, and clean water on the one hand, and disastrous famines and the HIV/AIDS epidemic on the other. He examines the United States, a nation that has prospered but is today experiencing slower growth and increasing inequality. He also considers how economic growth in India and China has improved the lives of more than a billion people. Deaton argues that international aid has been ineffective and even harmful. He suggests alternative efforts—including reforming incentives to drug companies and lifting trade restrictions—that will allow the developing world to bring about its own Great Escape. Demonstrating how changes in health and living standards have transformed our lives, The Great Escape is a powerful guide to addressing the well-being of all nations.
