S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
Department of Economics, School of Business, Economics and Law, University of Gothenburg Working Papers in Economics

No 3:
Can Aid Generate Growth in Africa?

Arne Bigsten

Abstract: The paper discusses the impact of foreign aid on economic growth in Africa. After brief discussion about growth determinants it goes on to review the available evidence about the impact of aid on African economic growth. Evidence from both cross-country regressions and country studies is considered, and issues relating to economic policy, governance, ownership, and sustainability are identified as particularly important. Given those insights, some general conclusions are drawn as to what type of aid should be given. However, the main focus is on a discussion about how to structure the aid relationship so that it encourages good governance, which is deemed essential for long-term growth. Donors should delegate more responsibility to the recipients, while at the same time creating an incentive structure for good performance. This would include among other things a shift towards ex post conditionality and aid allocation according to performance. Given the improvements in the economic policy environment in Africa, the prospects for effective aid look more promising than they have for a long time.

Keywords: Aid; Growth; Africa; (follow links to similar papers)

JEL-Codes: O19; (follow links to similar papers)

23 pages, May 15, 1998

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

gunwpe0003.pdf.zip    PDF-file (zipped) (50kB) 
gunwpe0003.pdf    PDF-file (59kB) 
gunwpe0003.ps.zip    PKZipped PostScript (84kB) 
gunwpe0003.ps    PostScript file (624kB) 
Download Statistics
This paper is published as:
Bigsten, Arne, (1999), 'Can Aid Generate Growth in Africa?' in Gupta, Kanhaya L. (ed.) Foreign Aid: New Perspectives, Recent Economic Thought, Vol. 68, chapter Can Aid Generate Economic Growth in Africa?, Kluwer Academic Publishers, Boston, ISBN 0-7923-8404-0.



Questions (including download problems) about the papers in this series should be directed to Marie Andersson ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:gunwpe:0003 This page was generated on 2014-12-14 19:22:20