Foreign Aid and Development in South Korea and Africa

Foreign Aid and Development in South Korea and Africa
Author: Kelechi A. Kalu
Publisher: Routledge
Total Pages: 289
Release: 2021-08-15
Genre: Political Science
ISBN: 1000417999

This book compares the rapid development of South Korea over the past 70 years with selected countries in sub-Saharan Africa to assess what factors contributed to the country’s success story, and why it is that countries that were comparable in the past continue to experience challenges in achieving and sustaining economic growth. In the 1950s, South Korea’s GDP per capita was $876, roughly comparable with that of Cote d’Ivoire and somewhat below Ghana’s. The country’s subsequent transformation from a war-ravaged, international aid-dependent economy to the 13th largest economy in the world has been the focus of considerable international admiration and attention. But how was it that South Korea succeeded in multiplying its GDP per capita by a factor of 23, while other Less Developed Countries continue to experience challenges? This book compares South Korea’s politics of development and foreign assistance with that of Ghana, Nigeria, and Zambia, which were also major recipients of the U.S. aid, to investigate the specific contexts that made it possible for South Korea to achieve success. Overall, this book argues that effective state capacity in South Korea’s domestic and international politics provided an anchor for diplomatic engagement with donors and guided domestic political actors in the effective use of aid for economic development. This book will be of interest to researchers and students working on development, comparative political economy, and foreign aid, and to policy makers and practitioners looking for a greater understanding of comparative development trajectories.

Foreign Aid and the Future of Africa

Foreign Aid and the Future of Africa
Author: Kenneth Kalu
Publisher: Springer
Total Pages: 246
Release: 2018-05-22
Genre: History
ISBN: 3319789872

During the past five decades, sub-Saharan Africa has received more foreign aid than has any other region of the world, and yet poverty remains endemic throughout the region. As Kenneth Kalu argues, this does not mean that foreign aid has failed; rather, it means that foreign aid in its current form does not have the capacity to procure development or eradicate poverty. This is because since colonialism, the average African state has remained an instrument of exploitation, and economic and political institutions continue to block a majority of citizens from meaningful participation in the economy. Drawing upon case studies of Angola, Cameroon, Chad, Equatorial Guinea, Democratic Republic of the Congo, and Nigeria, this book makes the case for redesigning development assistance in order to strike at the root of poverty and transform the African state and its institutions into agents of development.

Democratic Trajectories in Africa

Democratic Trajectories in Africa
Author: Danielle Resnick
Publisher: OUP Oxford
Total Pages: 327
Release: 2013-10-31
Genre: Business & Economics
ISBN: 0191509809

Despite impressive economic growth rates over the last decade, foreign aid still plays a significant role in Africa's political economies. This book asks when, why, and how foreign aid has facilitated, or hindered, democratization in sub-Saharan Africa. Instead of looking at foreign aid as a monolithic resource, the book examines the disparate impacts of aid specifically intended for development outcomes and aid explicitly aimed at democracy promotion. Careful attention is also given to examining the role of various aid modalities, including general budget support, and the influence of non-traditional donors. In doing so, the authors use a combination of cross-country quantitative analyses and in-depth case studies of Benin, Ghana, Malawi, Mali, Mozambique, Tanzania, and Zambia based on recent interviews with donors, government officials, and civil society organizations. Unlike other work on aid and democracy, the book carefully considers how foreign aid affects various elements of the democratization process, including transitions to multiparty systems and democratic consolidation. In terms of the latter, the authors analyse what role different types of aid play in avoiding a breakdown of multiparty democracy or an erosion of civil liberties, reinforcing parliaments and judiciaries, promoting free and fair elections and a vibrant civil society, and encouraging competitive party systems. Overall, the authors' findings suggest that the best means for enhancing the effectiveness of aid for development outcomes is not always the most optimal way of promoting democratic consolidation, and the book provides policy recommendations to try and reconcile these trade-offs.

Economic Development in Africa

Economic Development in Africa
Author: Godfrey Mwakikagile
Publisher: Nova Biomedical Books
Total Pages: 292
Release: 1999
Genre: Business & Economics
ISBN:

"This new book provides analyses of capitalism versus socialism as well as case studies illuminating the latest economic developments in the shift taking place in Africa."--BOOK JACKET.

Smart Aid for African Development

Smart Aid for African Development
Author: Richard A. Joseph
Publisher:
Total Pages: 324
Release: 2009
Genre: Business & Economics
ISBN: 9781588266323

Despite hundreds of billions of dollars spent on foreign aid to sub-Saharan Africa, a sure path to growth and development has not yet been found - and each new heralded approach has crumbled amid regrets and recriminations. The authors of "Smart Aid for African Development" provide critical assessments of the main components of foreign assistance, considering how smarter use can be made of available resources to advance growth and democracy, rebuild war-torn societies, and reduce the crippling poverty that underlies many of the continent's fierce conflicts. A critical assessment of the main components of foreign aid to sub-Saharan Africa, considering how smarter use can be made of available resources to advance growth and democracy, rebuild war-torn societies, and reduce the crippling poverty that pervades the continent.