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Aid, Taxation and Development: Analytical Perspectives on Aid Effectiveness in Sub-Sharan Africa

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Author Info
Adam, C.S.
O'Connell, S.A.

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Abstract

Sub-Saharan Africa is the poorest and most aid-dependent region in the world. It was also the slowest-growing region in the period from 1960 to 1990, contrary to what might reasonably have been expected given the high returns to investment associated with capital scarcity. While achievements on social indicators aresomewhat less unfavourable than those on economic growth, the overall contribution of aid to African economic development is now widely viewed has having been low.

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Publisher Info
Paper provided by Centre for the Study of African Economies, University of Oxford in its series Working Papers Series with number 97-5.

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Length: 47 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:oxesaf:97-5

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Postal: Centre for the Study of African Economies Institute of Economics and Statistics University of Oxford St. Cross Building, Manor Road Oxford, OX1 3UL, UK.
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Related research
Keywords: AFRICA ; ECONOMIC GROWTH ; FINANCIAL AID;

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Find related papers by JEL classification:
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
F35 - International Economics - - International Finance - - - Foreign Aid

References listed on IDEAS
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Bigsten, Arne, 1998. "Can Aid Generate Growth in Africa?," Working Papers in Economics 3, Göteborg University, Department of Economics. [Downloadable!]
  2. James M. Boughton & Alex Mourmouras, 2002. "Is Policy Ownership An Operational Concept?," IMF Working Papers 02/72, International Monetary Fund. [Downloadable!]
  3. Margaret S. McMillan, 1999. "Foreign Direct Investment: Leader or Follower?," Discussion Papers Series, Department of Economics, Tufts University 9901, Department of Economics, Tufts University. [Downloadable!]
  4. Nissanke, Machiko & Aryeetey, Ernest, 2006. "Institutional Analysis of Financial Market Fragmentation in Sub-Saharan Africa: A Risk-Cost Configuration Approach," Working Papers RP2006/87, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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