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Aid beneficiaries know very little about development interventions in their own communities. This lack of transparency and information is likely to reduce beneficiaries' ability and willingness to become active in local development. It may also dampen intended aid effects on beneficiaries'...
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This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...
Persistent link: https://www.econbiz.de/10009501871
Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of...
Persistent link: https://www.econbiz.de/10009260998
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...
Persistent link: https://www.econbiz.de/10011396968
The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary threshold in per capita income but it does matter...
Persistent link: https://www.econbiz.de/10009752790
Aid is not generally aimed at the poorest people, though most multilateral or bilateral agencies would like to think they get included. However, donors’ strategies are generally blind to differentiation among the poor, and have not improved in this respect. The special provisions for the least...
Persistent link: https://www.econbiz.de/10009712404
Agriculture plays an important role in terms of employment and its contribution to gross domestic product in many African countries. Thus, any policy initiative targeted towards poverty reduction in Africa should consider the agricultural sector as the major priority area. Unfortunately, the...
Persistent link: https://www.econbiz.de/10010233568
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