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The Political Economy Dimensions of Macroeconomic Management of Aid in Ghana

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  • Robert Darko Osei
  • Freda Asem
  • George Domfe

Abstract

This paper contributes to the debate on aid effectiveness by looking at the 'how' of aid effectiveness. In other words it provides an assessment of whether aid only filled a financing gap or whether it, in addition, helped influence the political economy in a way that engendered growth. Ghana provides a good case for an assessment of this question as it saw significant aid inflows over the last two and a half decades and also recorded significant growth and poverty reduction.

Suggested Citation

  • Robert Darko Osei & Freda Asem & George Domfe, 2013. "The Political Economy Dimensions of Macroeconomic Management of Aid in Ghana," WIDER Working Paper Series wp-2013-106, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2013-106
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    File URL: https://www.wider.unu.edu/sites/default/files/WP2013-106.pdf
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    References listed on IDEAS

    as
    1. Peter Quartey, 2005. "Innovative ways of making aid effective in Ghana: tied aid versus direct budgetary support," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(8), pages 1077-1092.
    2. World Bank, 2011. "Ghana - Joint Review of Public Expenditure and Financial Management," World Bank Publications - Reports 2833, The World Bank Group.
    3. Hansen, Henrik & Tarp, Finn, 2001. "Aid and growth regressions," Journal of Development Economics, Elsevier, vol. 64(2), pages 547-570, April.
    4. Mark McGillivray, 2003. "Aid Effectiveness and Selectivity: Integrating Multiple Objectives into Aid Allocations," WIDER Working Paper Series DP2003-71, World Institute for Development Economic Research (UNU-WIDER).
    5. Richard Manning, 2012. "Aid as a Second-Best Solution: Seven Problems of Effectiveness and How to Tackle Them," WIDER Working Paper Series wp-2012-024, World Institute for Development Economic Research (UNU-WIDER).
    6. Oliver Morrissey, 2001. "Does aid increase growth?," Progress in Development Studies, , vol. 1(1), pages 37-50, January.
    7. Robert Osei & Oliver Morrissey & Tim Lloyd, 2005. "The fiscal effects of aid in Ghana," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(8), pages 1037-1053.
    8. Stephanie Decker, 2011. "Corporate political activity in less developed countries: The Volta River Project in Ghana, 1958--66," Business History, Taylor & Francis Journals, vol. 53(7), pages 993-1017, December.
    9. Mark McGillivray, 2005. "What determines African bilateral aid receipts?," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(8), pages 1003-1018.
    10. repec:unu:wpaper:wp2012-24 is not listed on IDEAS
    11. repec:unu:wpaper:wp2012-22 is not listed on IDEAS
    12. World Bank, 2011. "World Development Indicators 2011," World Bank Publications - Books, The World Bank Group, number 2315, December.
    13. Osei, Robert, 2012. "Aid, Growth and Private Capital Flows to Ghana," WIDER Working Paper Series 022, World Institute for Development Economic Research (UNU-WIDER).
    14. Manning, Richard, 2012. "Aid as a Second-Best Solution : Seven Problems of Effectiveness and How to Tackle Them," WIDER Working Paper Series 024, World Institute for Development Economic Research (UNU-WIDER).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Abdul-Gafaru Abdulai & Giles Mohan, 2019. "The politics of bureaucratic ‘pockets of effectiveness’ - Insights from Ghana’s Ministry of Finance," Global Development Institute Working Paper Series esid-119-19, GDI, The University of Manchester.

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