Simplice A, Asongu (2012): The political economy of development assistance: peril to government quality dynamics in Africa.
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This paper assesses the effectiveness of foreign aid in improving government institutions in 52 African countries using updated data(1996-2010). Findings suggest development assistance deteriorates government quality dynamics of corruption-control, political-stability, rule of law, regulation quality, voice and accountability and government effectiveness. It is therefore a momentous epoque to solve the second tragedy of foreign aid; high time economists and policy makers start rethinking the models and theories on which foreign aid is based. In the meantime, it is up to people who really care about the poor to hold aid agencies accountable for results.
|Item Type:||MPRA Paper|
|Original Title:||The political economy of development assistance: peril to government quality dynamics in Africa|
|Keywords:||Foreign Aid; Political Economy; Development; Africa|
|Subjects:||F - International Economics > F3 - International Finance > F35 - Foreign Aid
F - International Economics > F5 - International Relations and International Political Economy > F50 - General
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O10 - General
B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B20 - General
|Depositing User:||Simplice Anutechia Asongu|
|Date Deposited:||09. Feb 2012 09:01|
|Last Modified:||13. Feb 2013 06:11|
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