Arbeitspapier

Is the Threat of Foreign Aid Withdrawal an Effective Deterrent to Political Oppression? Evidence from 53 African Countries

This study complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities and the post-Berlin Wall period. The findings show that while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate democracy in recipient countries. Such volatilities could be used by populist parties to promote a neocolonial agenda, instill nationalistic sentiments and consolidate their grip on power. This is especially the case when donors are asking for standards that majority of the population do not want and political leaders are unwilling to implement them. The empirical evidence is based on 53 African countries for the period 1996-2010. As a main policy implication, creating uncertainties in foreign aid for political rights enhancement in African countries may achieve the opposite results. Other implications are discussed including the need for an ‘After Washington consensus’.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/16/020

Klassifikation
Wirtschaft
Forecasting Models; Simulation Methods
Foreign Aid
Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation: Models and Applications
Macroeconomic Analyses of Economic Development
Economywide Country Studies: Africa
Thema
Uncertainty
Foreign aid
Political Rights
Development
Africa

Ereignis
Geistige Schöpfung
(wer)
Asongu, Simplice
Nwachukwu, Jacinta C.
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Asongu, Simplice
  • Nwachukwu, Jacinta C.
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2016

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