The Dynamics of Foreign Aid Trends and Patterns Among Low- Income Countries in Africa

• Autorzy: Mamo G. Tafera , Nicholas M. Odhiambo
• Języki publikacji: EN

Abstrakty

EN

Research background: Foreign aid flows to Africa mostly the Low-Income Countries (LICs) have increased drastically since 2000. Increasing aid flows are expected to stimulate economic growth that can release resources towards enabling LICs to reduce aid dependency. Purpose: The purpose of this study is to discuss the dynamics of bilateral aid trends and patterns among 27 LICs in Africa during 2000-2017. The main question this study tries to answer is: how have aid sources, compositions and dependency changed in LICs?Research methodology: The study employs a descriptive analysis technique to analyses bilateral aid flows to LICs in Africa from 50 donors during 2000-2017. Results: Total net aid flows to LICs increased by 1.5 times during 2000-2017 and were predominantly in the form of grants (92.7%). The study found a shift of sectoral aid allocations from the economic and productive sectors towards the social sector. Net aid as a share of GDP increased almost two-fold; implying an increasing trend of aid dependency in several LICs. Novelty: This study tries to present a full account of bilateral aid flows both from Traditional Donors (TDs) and Non-Traditional Donors (NTDs), unlike many earlier studies that have focused on TDs. (original abstract)

Słowa kluczowe

EN

Foreign aid; Least developed countries; Sectoral aid

PL

Pomoc zagraniczna; Kraje najsłabiej rozwinięte; Pomoc sektorowa

• Czasopismo: Folia Oeconomica Stetinensia
• Rocznik: 2020
• Numer: vol. 20, iss. 2
• Strony: 403--422

Twórcy

autor

Mamo G. Tafera

• University of South Africa, Pretoria, South Africa

autor

Nicholas M. Odhiambo

• University of South Africa, Pretoria, South Africa

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Identyfikatory

DOI

10.2478/foli-2020-0056