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A review of foreign aid exit strategiesNgoma, Ethel 01 1900 (has links)
Foreign aid as an economic policy was previously widely accepted as a way to assist least
developed economies to achieve economic growth. Over the years, aid effectiveness has
been questioned, whilst aid dependency has continued to rise. To assist in aid reduction,
various economists have proposed aid exit strategies that countries could adopt to reduce
aid dependency. However, the adoption of these strategies has been rather slow. The
purpose of this study was to review and assess the current literature on the different
proposed foreign aid exit strategies, in terms of their feasibility and ease of implementation, taking into account the current state of African economies. The analysis focused on the exit strategies recommended by Tandon (2008), Moyo (2009) and Fee (2012). The main finding of this study suggests that the aforementioned exit strategies are feasible, but not necessarily easy to implement, due to the limitations faced by many least developed countries. / Economics / M. Com. (Economics)
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