Political Regimes and Foreign Aid Effectiveness in Ghana is popular PDF and ePub book, written by Vincent Tawiah in 2020, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, Political Regimes and Foreign Aid Effectiveness in Ghana can be Read Online from any device for your convenience.
Political Regimes and Foreign Aid Effectiveness in Ghana Book PDF Summary
Purpose - This paper has examined the effectiveness of foreign aid on Ghanaian economy under different political regimes.Design/methodology/approach - Using vector error correction and co-integration models on the annual data set over a period of 35 years, the authors demonstrate that foreign aid has had varied impacts on economic growth depending on the political ideology of the government in power.Findings - With capitalist political philosophy, foreign aid improves private sector growth through infrastructural development. On the other hand, a government with socialist philosophy applies most of its foreign aid in direct social interventions with the view of improving human capital. Thus, each political party is likely to seek foreign aid/grant that will support its political agenda. Overall, the results show that foreign aid has a positive impact on the growth of the Ghanaian economy when there is good macroeconomic environment.Practical implications - This implies that the country experiences economic growth when there are sound economic policies to apply foreign aid.Originality/value - The practical implication of the findings of this paper is that donor countries and agencies should consider the philosophy of the government in power while granting aid to recipient countries, especially in Africa. The results are robust to different proxies and models.
Detail Book of Political Regimes and Foreign Aid Effectiveness in Ghana PDF
- Author : Vincent Tawiah
- Release : 21 September 2024
- Publisher : Unknown
- ISBN : OCLC:1375516566
- Genre : Uncategoriezed
- Total Page : 0 pages
- Language : English
- PDF File Size : 10,6 Mb
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