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Dead Aid

Dead Aid PDF Author: Dambisa Moyo
Publisher: Macmillan
ISBN: 0374139563
Category : Business & Economics
Languages : en
Pages : 209

Book Description
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.

Dead Aid

Dead Aid PDF Author: Dambisa Moyo
Publisher: Macmillan
ISBN: 0374139563
Category : Business & Economics
Languages : en
Pages : 209

Book Description
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.

Foreign Aid and Development in South Korea and Africa

Foreign Aid and Development in South Korea and Africa PDF Author: Kelechi A. Kalu
Publisher: Routledge
ISBN: 1000417999
Category : Political Science
Languages : en
Pages : 289

Book Description
This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.

Politics and the Effectiveness of Foreign Aid

Politics and the Effectiveness of Foreign Aid PDF Author: Peter Boone
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 72

Book Description
Critics of foreign aid programs have long argued that poverty reflects government failure. In this paper I analyze the effectiveness of foreign aid programs to gain insights into political regimes in aid recipient countries. My analytical framework shows how three stylized political/economic regimes labeled egalitarian, elitist and laissez-faire would use foreign aid. I then test reduced form equations using data on nonmilitary aid flows to 96 countries. I find that models of elitist political regimes best predict the impact of foreign aid. Aid does not significantly increase investment and growth, nor benefit the poor as measured by improvements in human development indicators, but it does increase the size of government. I also find that the impact of aid does not vary according to whether recipient governments are liberal democratic or highly repressive. But liberal political regimes and democracies, ceteris paribus, have on average 30% lower infant mortality than the least free regimes. This may be due to greater empowerment of the poor under liberal regimes even though the political elite continues to receive the benefits of aid programs. An implication is that short term aid targeted to support new liberal regimes may be a more successful means of reducing poverty than current programs.

Re-Inventing Africa's Development

Re-Inventing Africa's Development PDF Author: Jong-Dae Park
Publisher: Springer
ISBN: 3030039463
Category : Business & Economics
Languages : en
Pages : 456

Book Description
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.

Sub-Saharan Africa

Sub-Saharan Africa PDF Author: World Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324

Book Description
3. Investing in people.

Assessing Aid

Assessing Aid PDF Author:
Publisher: World Bank Publications
ISBN: 9780195211238
Category : Political Science
Languages : en
Pages : 164

Book Description
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.

Determinants of Economic Growth in Africa

Determinants of Economic Growth in Africa PDF Author: Almas Heshmati
Publisher: Springer
ISBN: 3319764934
Category : Business & Economics
Languages : en
Pages : 404

Book Description
This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.

Toward Sustained Development in Sub-Saharan Africa

Toward Sustained Development in Sub-Saharan Africa PDF Author: World Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

Book Description
This is the third report on sub-Saharan Africa on the need for domestic policy reforms to accelerate growth. It is distinct from its predecessors in four respects. First, it places more emphasis on donor assistance strategy as essential to support the crucial, domestic reforms which have been identified. Second, it stresses that better use of investment is the key issue. This requires not only appropriate pricing policies, but also adequate management capacity in the government and a more active role for nongovernmental institutions in the private sector. Third, it analyzes the growing debt servicing burden of these countries in the context of their overall requirements for foreign exchange. Finally, the report draws attention to the long term constraints to development, which include population growth, human resource development, technological change, and the erosion of natural resources. Unless these issues receive continuing and increased attention, development in Africa will continue to be frustrated.

Fiscal Effects of Aid

Fiscal Effects of Aid PDF Author: Mark McGillivray
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 38

Book Description


Impact of agricultural foreign aid on agricultural growth in sub-saharan Africa: A dynamic specification

Impact of agricultural foreign aid on agricultural growth in sub-saharan Africa: A dynamic specification PDF Author: Alabi, Reuben Adeolu
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 40

Book Description
This study investigates the impact of foreign agricultural aid on agricultural GDP and productivity in Sub-Saharan Africa (SSA). I rely on secondary data regarding foreign agricultural aid, agricultural GDP, and productivity indicators from 47 SSA countries spanning 2002-2010 and employ a Generalized Method of Moments (GMM) framework.