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Aid and Economic Development in the Central African Republic: Economic growth and development

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Book Details
Language
English
Publishers
Our Knowledge Publishing (17 July 2024)
Weight
0.14 KG
Publication Date
17/07/2024
ISBN-10
6207798546
Pages
84 pages
ISBN-13
9786207798544
Dimensions
15.24 x 0.51 x 22.86 cm
SKU
9786207798544
Author Name
Romuald Bamoy (Author)
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The aim of this study is to assess the effect of official aid on economic development in CAR over the period 1990-2017. We began by highlighting the effect of official development assistance on economic growth in CAR using an ARDL model.

We then determined the effect of official development assistance on inequality in CAR using a second-order Vector Autoregressive model. The results obtained from World Bank and SWIID data suggest that official development assistance contributes to economic growth in CAR in the long term.

However, it contributes to exacerbating inequalities. These findings therefore call on the authorities to combine aid programmes with genuine redistribution policies, in particular investment in social services such as education and health.

They should also place particular emphasis on institutional quality, including the fight against corruption. .

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