Working Papers in Economics
Aid and Economic Development in Africa
Abstract: The question discussed in this in this paper is whether
foreign aid can help accelerate growth in African countries. The paper
reviews growth determinants and growth constraints in Africa and discusses
how aid can help relieve the constraints. Issues covered are the choice of
aid modalities, donor coordination, conditionality, and international
integration. A key question addressed is how aid should be organised not to
overburden the recipient system and to provide incentives for policy makers
to perform. The paper also touches upon the need for international trade
reforms and public goods investments.
Keywords: Aid; development; Africa.; (follow links to similar papers)
JEL-Codes: F35; O19; (follow links to similar papers)
39 pages, November 30, 2006
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- This paper is forthcoming as:
Bigsten, Arne, Theory and Practice of Foreign Aid, North-Holland.
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