At face value, foreign aid is generally extended either to contain crises situations or promote development. In Africa, it appears that foreign aid has failed on both counts. One crucial question being asked by experts is, why has there been so little development in sub-Saharan Africa despite so much aid? Indeed, even the World Bank has admitted grudgingly that assistance programs have been either ineffectual or had very small development impact on recipient countries. This study seeks to examine foreign aid effectiveness and management. Focusing on the nature of the relationships between donors and recipients, the study argues that to foster economic development in Africa, a need exists for a transformation in aid relations away from fragmented donor-driven projects and programs to a predictable long-term support to African owned programs. The work addresses these challenges by reviewing current debates and analysis of new forms, instruments, promises, and direction of development cooperation. Donor discourses, which are on ownership, partnership, less conditionalities, and more empowerment, are not always followed in practice. In fact, the objective reality is that foreign aid donors usually target an assortment of aid instruments at diverse objectives. That notwithstanding, foreign aid (generally) can only be effective in achieving the objectives set by donors when it is planned, structured, and implemented in partnership with aid recipients. Clearly, the nature of the relationships between donors and recipients has a critical influence on the effectiveness of development aid. So far, the current aid experience is that the relationship between African governments and their aid donors is characterized by a vast inequality. As such, this study takes the position that there is no viable alternative to Africans taking effective charge of their destiny and deliberately creating conditions that are essential for effecting desirable change in the region's fortunes. It also takes the position that Africa's development partners such as the international financial institutions should actively seek to create and nurture the space needed by Africans for the realization of their developmental goals / Thesis (M.A.)-University of Natal, Pietermaritzburg, 2003.

At face value, foreign aid is generally extended either to contain crises situations or promote development. In Africa, it appears that foreign aid has failed on both counts. One crucial question being asked by experts is, why has there been so little development in sub-Saharan Africa despite so much aid? Indeed, even the World Bank has admitted grudgingly that assistance programs have been either ineffectual or had very small development impact on recipient countries. This study seeks to examine foreign aid effectiveness and management. Focusing on the nature of the relationships between donors and recipients, the study argues that to foster economic development in Africa, a need exists for a transformation in aid relations away from fragmented donor-driven projects and programs to a predictable long-term support to African owned programs. The work addresses these challenges by reviewing current debates and analysis of new forms, instruments, promises, and direction of development cooperation. Donor discourses, which are on ownership, partnership, less conditionalities, and more empowerment, are not always followed in practice. In fact, the objective reality is that foreign aid donors usually target an assortment of aid instruments at diverse objectives. That notwithstanding, foreign aid (generally) can only be effective in achieving the objectives set by donors when it is planned, structured, and implemented in partnership with aid recipients. Clearly, the nature of the relationships between donors and recipients has a critical influence on the effectiveness of development aid. So far, the current aid experience is that the relationship between African governments and their aid donors is characterized by a vast inequality. As such, this study takes the position that there is no viable alternative to Africans taking effective charge of their destiny and deliberately creating conditions that are essential for effecting desirable change in the region's fortunes. It also takes the position that Africa's development partners such as the international financial institutions should actively seek to create and nurture the space needed by Africans for the realization of their developmental goals. / Thesis (M.A.)-University of Natal, Pietermaritzburg, 2003.

The study examined the theory and practice of international political economy in sub-Saharan Africa from a developmental point of view. The study looked specifically at the politics of economic integration for development, multilateral institutions that are involved in the developmental aid of the region, the challenges posed to sub-Saharan Africa's development by the international system (multilateral institutions and western developed countries) and extra regional partnership initiatives for the region's development. The study ascertained that sub-Saharan African leaders have, since the era of decolonisation, embarked on different ways or mechanisms to address the economic crisis of the region but, however, failed to rescue the region. Amongst mechanisms adopted was that of creating regional economic groupings like ECOW AS and SADC. However, majority of regional settings created for economic development did not have much of successes in saving sub-Saharan countries from debt crisis. Failure of these settings has been more pointed on the unpreparedness of other regional countries to cooperate. Multilateral institutions (IMF, World Bank and WTO) on the other hand, worsened the underdevelopment situation in the region, and therefore continued to dictate economic policy to sub-Saharan African countries. This was possible because many sub-Saharan African countries relied on aid from these institutions. Multilateral institutions continued to feature in the underdevelopment of sub-Saharan Africa by posing challenges like globalisation, economic policy and democratization to the development of the region. These challenges interfered with the development process of Sub-Saharan Africa. However, with NEP AD as \ he latest initiative for extra-regional partnership, there is some hope that sub-Saharan region and Africa at large will benefit from developmental initiatives proposed by NEP AD. / M.Soc.Sc. (International Relations) North-West University, Mafikeng Campus, 2005

Since 1929, the world economy has not encountered any financial crisis as severe as the case of the Great Depression, until 2007 when the fall of stock markets and the collapse of large financial institutions in the United States resulted in a worldwide recession. According to an IMF report, and as a result of the direct impact of the crisis, advanced economies such as those of the United States and Europe are suffering from a systemic banking crisis with economic output expected to contract by over 1 ¾ % in 2009. (Bourdin 2009:2) Although the crisis erupted in the United States, the effects quickly spread to countries worldwide. However, its effects are said to be more devastating for the poorest regions in the world including Sub-Saharan Africa. During the last few years, prior to the crisis, many Sub-Saharan African countries had enjoyed a growth rate of over 5%. This was partly as a result of sound economic policies and increased external support in the form of debt relief and higher inflows from economically powerful countries in the West. However, with the current financial crisis, wealthy nations have been forced to concentrate on sustaining their own economy. As a result, amongst changes like tighter immigration policies, skyrocketing oil prices and food prices, foreign aid is being withdrawn. (ibid 2009:3) According to foreign media reports, donor governments and the G8 are no longer as committed to aid as before the crisis. This research paper examines the evolution of aid to Africa in view of various contexts through a broad historical economic and political economy overview, and finally corroborates these observations with a discourse analysis of a sample of BBC online articles. The research project thus investigates in this last section, the BBC’s representation of poverty and aid in Sub-Saharan Africa before and during the current global economic crisis.

The Post-colonial era trade relations between Europe and Africa, Caribbean and Pacific (ACP) countries has been regulated by a number of economic cooperation agreements, namely the Yaoundé, Lomé, and Cotonou Conventions to the current Economic Partnership Agreements (EPAs) that had recently been concluded in the ECOWAS and SADC sub regions respectively. The EPAs negotiations have been marred with challenges particularly in Africa; with many countries having responded by not signing Interim EPAs and Nigeria has also stated they will not be concluding the EPA. Nigeria and South Africa have responded to the current negotiations in differing ways nonetheless their responses were somewhat similar. This study will attempt to understand and systematically explain Nigeria’s and South Africa’s positions on the EPAs negotiations process. In order to gain the understanding the study investigates whether EPAs negotiations stalled due to the influence and/or responses of Nigeria and South Africa? The factors involved in the negotiations that may explain the responses. What consequences the principle of reciprocity has on the responses Nigeria and South Africa? This research is going to be desk research using process tracing to systematically analyse the development of the negotiations between the EC and ACP countries particular attention being afforded to Africa and the resulting responses by Nigeria and South Africa. Some of the findings are that in the case of South Africa the principle of reciprocity was not a major factor in shaping South Africa’s responses to the negotiations, whereas the opposite holds true for Nigeria. Regional integration played a major part in the case of Nigeria. / MT2016

An aggregate agricultural production function (a pooled covariance model) based on the metaproduction approach, was estimated using cross section, time series data for 32 countries in Sub-Saharan Africa (SSA) covering the 1970-1993 period to evaluate the effect of foreign aid on agricultural production. The Almon lag structure of the foreign aid (Official Development Assistance) variable was specified to account for the effect of foreign aid over time. The results support the hypothesis that the aggregate effect of aid on agricultural production in SSA is positive. The marginal effect of foreign aid in SSA is calculated to be $0.14 which can be interpreted to mean that a one dollar increase in aid in each of the past six years would be expected to increase the value of agricultural output by 14 cents in the current year. / There is a great variation in the effect of foreign aid on agricultural production when countries are classified according to agro-climatic region, income level and policy environment. Excluding Eastern and Southern Africa where the effect of aid is negative, the marginal effect of foreign aid ranges from $0.40 in Sudano-Sahel to $1.32 in Central Africa. The marginal effect of foreign aid is larger in middle income countries as compared to high income countries; it is negative in low income countries. The effect of aid is positive and significant in countries classified under a favourable policy environment but negative and insignificant in countries classified under an unfavourable policy environment. The structural adjustment dummy variable is positive and significant in most regressions indicating that structural adjustment programs have been beneficial to agriculture in most Sub-Saharan African countries.

No description available.

Foreign aid aims to improve economic conditions and quality of life in developing countries. The literature on the efficacy of foreign aid to date has been inconclusive; yet there is some evidence that institutional factors may condition the relationship between aid and development. This research focuses on the effects of foreign aid on development, taking into consideration the effects of political institutional factors as intervening in the connection between aid and development. Specifically, this study considers the effects of democracy (political rights and civil liberties) and level of corruption on the relationship between aid and development in sub-Saharan Africa. Development is determined by the Human Development Index, which takes into account gross national income, life expectancy, and education level. My findings indicate that aid is ineffective at promoting development in sub-Saharan Africa. Additionally, it is found that democracy, as determined by level of political freedom, is positively associated to development in aid recipient countries. HIV prevalence rate, the location of the country relative to the coastline, and percent of arable land were found to be significant factors affecting development. The level of corruption and political stability do not have a significant effect on development. The study is conducted using a cross-national, longitudinal, statistical model. The impact of foreign aid on development is examined for 45 countries over a fourteen-year period, from 1995 to 2009. The results of the study show that foreign aid has a negative effect on development, yet development is affected by level of democracy, geographical location, percent of arable land, and HIV prevalence rate. Development is higher in countries located on the coastline, with a higher percentage of arable land, a higher level of democracy, and a higher rate of HIV.

Thesis (MA)--Stellenbosch University, 2012. / Includes bibliography / ENGLISH ABSTRACT: China and Africa's increased interaction over the past decade has received attention from the media, academics, economists and politicians alike. The rise of China as a potential world economic power has sparked both concern and suspicion. Concern over China's impact in African states has been voiced by Western and African leaders. The Chinese economy has experienced robust growth since embarking on ambitious reforms to open up its economy to outside investment and trade, as well as policies geared towards encouraging Chinese enterprises to go abroad. China's rise in importance in the international arena has led to increased scrutiny of its foreign policies and internal policies. In order to gain a balanced view of China's engagement in African states it is necessary to examine the various components of their involvement. This thesis has chosen to focus on CADFund as its main unit of analysis, and has illustrated that the Fund fulfils both a political and economic role in China's relations with Africa. This study will explore the political and economic motivations behind China's interest in Africa. Conclusions are drawn from the structural organisation, investment approaches and projects of CADFund. The way in which CADFund fits into China‟s Africa policy will be determined by looking at the Fund's activities and how they fit into the principles set out in China's Africa Policy. The main question posed by this study was regarding the role which CADFund plays in China’s Africa Policy. The mandate of the Fund is to provide funding and advisory and support services to Chinese enterprises wishing to invest in African states. With 60 completed projects to date, the Fund has arguably indeed helped to progress the Chinese government's goal of encouraging Chinese enterprises to invest in Africa. Recommendations for future research are encouraged in order to build on this specific field. For example, more extensive research could be pursued concerning CADFund linkages with the Chinese government. Together with this, questions regarding the perceived effectiveness of CADFund could also be addressed – specifically by investigating how projects are managed and monitored by CADFund. In these follow-up explorations, theoretical frameworks such as the “principle-agent theory” could also be incorporated as frameworks with which to view CADFund‟s relationship with the Chinese government. / AFRIKAANSE OPSOMMING: China en Afrika se verhoogde interaksie oor die afgelope dekade het baie aandag van die media, akademici, ekonome en politici ontvang. Die opkoms van China as 'n potensiële wêreld ekonomiese mag, het gelei tot beide agterdog en kommer. Kommer oor China se invloed binne Afrika state is geopper deur Westerse sowel as Afrika leiers. Die Chinese ekonomie het ongekende groei beleef sedert hul vertek op ambisieuse hervormings, om hul ekonomie meer vry en oop te maak vir buitelandse belegging en handel, sowel as beleid hervormings wat daarop gemik is om Chinese ondernemings oorsee te bevorder. China se opkoms as 'n belangrike moondheid op internasionale gebied, het gelei to nadere ondersoek van sy buitelandse beleide. Om 'n gebalanseerde beeld van China se betrokkenheid in Afrikastate te kry, is dit noodsaaklik om verskeie komponente van hul betrokkenheid te ondersoek. Hierdie tesis kies om te fokus op China-Afrika Ontwikkelingsfonds (CADFund) as die vernaamste eenheid van analise en beskryf beide die fonds se politieke sowel as 'n ekonomiese rol in China se betrekkinge met Afrika. Hierdie studie sal die politieke en ekonomiese beweegredes agter China se belange in Afrika verken. Gevolgtrekkings word gemaak van strukturele organisasie, belegging benaderings en projekte van China-Afrika Ontwikkelingsfonds. Die manier waarop China-Afrika Ontwikkelingsfonds by China se Afrika-beleid inpas, sal vasgestel word deur te kyk na die fonds se aktiviteite en hoe hulle by die neergelegde beginsels van China se Afrika-beleid inpas. Die belangrikste vraag wat hierdie studie stel, is met betrekking tot die rol wat China-Afrika Ontwikkelingsfonds in China se Afrika-beleid speel. Die mandaat van die fonds is om finasiering, raadgewende en ondersteunende dienste aan Chinese ondernemings te bied wat in Afrika-state wil belê. Met 60 voltooide projekte tot op datum, het die fonds inderdaad gehelp om by te dra tot die Chinese regering se doelwit om Chinese ondernemings aan te moedig om in Afrka te belê. Aanbevelinge vir toekomstige navorsing word aangemoedig om voort te bou op hierdie spesifieke gebied. Byvoorbeeld, meer uitgebreide navorsing oor China-Afrika Ontwikkelingsfonds se bande met die Chinese Regering. Samehangend hiermee,vrae in verband met die vermeende doeltreffendheid van China-Afrika Ontwikkelingsfonds kan ook ondersoek word - spesifiek deur te ondersoek hoe projekte bestuur en gekontroleer word deur China-Afrika Ontwikkelingsfonds. In hierdie opvolg ondersoeke, kan teoretiese raamwerke soos die ”principle-agent theory” ook ingesluit word as raamwerke waarna China-Afrika Ontwikkelingsfonds se verhoudinge met die Chinese Regering gekyk kan word.

Thesis (MDF (Development Finance))--University of Stellenbosch, 2007. / ENGLISH ABSTRACT: It is a fact that development aid represents the single most important source of external finance for most developing countries. This study sought to answer an important question relating to whether aid has a positive impact on economic growth or not. There is much literature on the subject and the views are quite diverse. Using the World Development Indicators (WDI) data, a cross-section regression analysis was performed over a period of 16 years and existing literature on the subject was re-examined. Of importance, this study tries to understand what the determinants or triggers of economic growth are, especially in developing economies. The results show that, although no significant relationship could be found between economic growth and development aid, there is strong evidence that there is a significant positive relationship between economic growth and the important triggers of economic growth used in the study, namely exports and investments. These are important components for the growth of any economy. The implicit conclusion is that since these two components are being impacted positively by aid, it follows then that the link between economic growth and aid can be considered to be a positive one. These findings go against the critics of development aid who maintain that aid that is being pumped into developing economies, especially the African continent, is actually just going into a big black hole and could be used more effectively somewhere else. This study proves that this is not the case and donor countries need to intensify their efforts of providing aid to poor countries because they need it and it is actually making a difference. AFRIKAANSE OPSOMMING: Dit is ‘n algemeen aanvaarde feit dat ontwikkelingsteun die enkel belangrikste bron van eksterne finansiering is vir die meeste ontwikkelende lande. Hierdie studie poog om antwoorde te vind vir die belangrike vraag of steun ‘n positiewe impak op ekonomiese groei het of nie. Daar is volop literatuur oor die onderwerp beskikbaar en die opvattings is uiters uiteenlopend. Deur die World Development Indicators data te gebruik, is ‘n deursnit regressie analise gedoen oor ‘n periode van 16 jaar en bestaande literatuur oor die onderwerp is weer ondersoek. Die belangrikste oogmerk van die studie is om te probeer verstaan wat die bepalers of snellers van ekonomiese groei is, veral in ontwikkelende ekonomië. Die uitslae toon dat, alhoewel daar geen beduidende verhouding gevind kon word tussen ekonomiese groei en ontwikkelingsteun nie, daar wel sterk bewyse is vir ‘n beduidende positiewe verhouding tussen ekonomiese groei en die belangrike snellers van ekonomiese groei soos gebruik in die studie, naamlik uitvoere en beleggings. Hierdie is belangrike komponente vir die groei van enige ekonomie. Die implisiete afleiding is dus dat, aangesien hierdie twee komponente positief beïnvloed word deur ontwikkelingsteun, dit volg dat die skakel tussen ekonomiese groei en steun ook as ‘n positiewe een beskou kan word. Hierdie bevindings is lynreg in teenstelling met die kritici van ontwikkelingsteun wat handhaaf dat steun wat aan ontwikkelende lande, veral in Afrika, gegee word, eintlik net in ‘n groot swart gat verdwyn en meer effektief elders aangewend kan word. Hierdie studie bewys dat dit nie die geval is nie en dat skenker lande eerder hulle pogings om steun aan arm lande te bied moet verskerp omdat hulle dit nodig het en omdat dit regtig ‘n verskil maak.