Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Africa (1)
- Big push (1)
- Capital flight (1)
- Capital flight repatriation (1)
- Conflict (1)
-
- Crowding out (1)
- Debt forgiveness (1)
- Debt relief (1)
- Debt relief; Africa. (1)
- Education (1)
- FDI (1)
- Fiscal policy (1)
- Foreign aid (1)
- Gender equity (1)
- HIPC Initiative (1)
- Health (1)
- Human development (1)
- Official development aid (1)
- Political equilibrium; Africa; institutions; growth (1)
- Private investment (1)
- Public investment (1)
- Sub-Saharan Africa (1)
- Sub-Saharan Africa; Conflict; Economic reform; Debt relief (1)
Articles 1 - 10 of 10
Full-Text Articles in Entire DC Network
Impact Of Sectoral Allocation Of Foreign Aid On Gender Equity And Human Development, Léonce Ndikumana
Impact Of Sectoral Allocation Of Foreign Aid On Gender Equity And Human Development, Léonce Ndikumana
Léonce Ndikumana
While developing countries have made some progress in achieving human development since the turn of the century, many are still lagging behind in important human development goals such as education, health, nutrition and access to clean drinking water and improved sanitation. Moreover, gender equity remains a major challenge in most countries. In this paper, we examine the role that foreign aid plays in generating these outcomes, using panel data from OECD-DAC on the sectoral allocation of development aid, in conjunction with country-level data on public expenditures, human development outcomes and other economic, social and political indicators. Specifically, the paper attempts …
Overcoming Low Political Equilibrium In Africa: Institutional Changes For Inclusive Development, Léonce Ndikumana
Overcoming Low Political Equilibrium In Africa: Institutional Changes For Inclusive Development, Léonce Ndikumana
Léonce Ndikumana
This paper examines the role that institutions have played in the performance of African economies over the past decades. It discusses the institutional changes needed to enable African countries to reach inclusive development in the near future. The paper starts from the premise that growth and development are the outcomes of policy choices, which in turn are the outcome of a complex process of political negotiation among various stakeholders – both domestic and foreign – who have interests that may be divergent. In other words, policy choices and the resulting development outcomes constitute a political equilibrium. It is therefore important …
The Private Sector As Culprit And Victim Of Corruption In Africa, Léonce Ndikumana
The Private Sector As Culprit And Victim Of Corruption In Africa, Léonce Ndikumana
Léonce Ndikumana
Corruption causes severe waste and misallocation of financial, human, and natural resources, thus retarding growth and social development. It suffocates private sector activity and entrepreneurship, perpetuating the dominance of an inefficient public sector, and undermining economic diversification and structural transformation. While traditionally corruption has been seen as a public sector phenomenon, private sector corruption deserves as much attention as public sector corruption due to its equally debilitating effects on economic activity. In fact private sector operators can be both culprits and victims of corruption. This paper examines the symptoms and impacts of private sector corruption in Africa, from the perspective …
Applying Evaluation To Development And Aid: Can Evaluation Bridge The Micro-Macro Gaps In Aid Effectiveness?, Léonce Ndikumana
Applying Evaluation To Development And Aid: Can Evaluation Bridge The Micro-Macro Gaps In Aid Effectiveness?, Léonce Ndikumana
Léonce Ndikumana
Donors and governments in aid recipient countries are under pressure to demonstrate effectiveness of aid, especially due to increasing stress on fiscal balances in the context of the global financial and economic crisis. The evidence on aid effectiveness remains mixed at best: while individual targeted aid interventions appear to produce positive results, the impact of aid at the macroeconomic level remains limited. Furthermore, the reporting on concrete outcomes of aid interventions remains inadequate, thus perpetuating doubts around aid effectiveness. This paper discusses these micro-macro gaps in aid effectiveness and the reporting problem. It proposes some ways in which well-designed and …
Potential Gains From Capital Flight Repatriation For Sub-Saharan African Countries, Hippolyte Fofack, Léonce Ndikumana
Potential Gains From Capital Flight Repatriation For Sub-Saharan African Countries, Hippolyte Fofack, Léonce Ndikumana
Léonce Ndikumana
Despite the recent increase in capital flows to Sub-Saharan Africa, the region remains largely marginalized in financial globalization and chronically dependent on official development aid. And with the potential decline in the level of official development assistance in a context of global financial crisis, the need to increase domestic resources mobilization as well as non-debt generating external resources is critical now more than ever before. However, the debate on resource mobilization has overlooked an important untapped source of funds consisting of the massive stocks of private wealth stashed in Western financial centers, a substantial part of which left the region …
The Linkages Between Fdi And Domestic Investment: Unravelling The Developmental Impact Of Foreign Investment In Sub-Saharan Africa, Léonce Ndikumana, Sher Verick
The Linkages Between Fdi And Domestic Investment: Unravelling The Developmental Impact Of Foreign Investment In Sub-Saharan Africa, Léonce Ndikumana, Sher Verick
Léonce Ndikumana
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the question remains as to the impact of these resource inflows on economic development. This study posits that a key channel of the impact of FDI on development is through its effects on domestic factor markets, especially domestic investment and employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa. The results suggest that firstly, FDI crowds in domestic investment, and secondly, countries will gain much from measures aimed at improving the domestic investment climate. Moreover, …
An Employment-Targeted Economic Programme For South Africa, Robert Pollin, Gerald Epstein, James Heintz, Léonce Ndikumana
An Employment-Targeted Economic Programme For South Africa, Robert Pollin, Gerald Epstein, James Heintz, Léonce Ndikumana
Léonce Ndikumana
This is an independent report produced by a team of international and national consultants supported by the international Poverty Centre in Brasilia (IPC). Initial support for this report was provided by the Poverty Group of the United Nations Development Programme in New York. This Report is part of a wider global research programme encompassing several other countires. The views in this report are the authors' and not necessarily IPC's. However, the IPC regards this report as an important contribution to the debate on economic policies and employment programmes in South Africa as well as in other countries in Africa.
Additionality Of Debt Relief And Debt Forgiveness, And Implications For Future Volumes Of Official Assistance, Léonce Ndikumana
Additionality Of Debt Relief And Debt Forgiveness, And Implications For Future Volumes Of Official Assistance, Léonce Ndikumana
Léonce Ndikumana
This paper examines the impact of debt forgiveness and debt relief on official development assistance. From the recipient side, the econometric analysis suggests that countries that received debt relief also received more aid compared to those that did not qualify for debt relief. From the donor side, while the data indicate a decline in aid disbursement since the early 1990s, there is no econometric evidence for any direct causal relationship between the decline in aid and debt relief/forgiveness. Nonetheless, the decline in aid raises serious concerns given that developing countries’ need in external resources cannot be met by debt relief …
Fiscal Policy, Conflict, And Reconstruction In Burundi And Rwanda, Léonce Ndikumana
Fiscal Policy, Conflict, And Reconstruction In Burundi And Rwanda, Léonce Ndikumana
Léonce Ndikumana
The ethnic conflicts in Burundi and Rwanda have severely weakened the economies and worsened the structural fiscal imbalances of these countries. Government revenue has declined due to the erosion of the tax base and tax administration capacity. At the same time, governments have shifted the allocation of resources from capital and social expenditures to military and security spending. This paper argues that there is a strong connection between a military-intensive fiscal policy stance and the lack of political legitimacy. A narrow-based regime tends to increase spending on security to increase its chances of survival. This strategy has dire social and …
Overcoming The Fiscal Crisis Of The African State, Tony Addison, Léonce Ndikumana
Overcoming The Fiscal Crisis Of The African State, Tony Addison, Léonce Ndikumana
Léonce Ndikumana
A critical task is to construct a development state---a set of democratically-accountable institutions capable of effective policy design and implementation. The new state agenda is ambitious and resource intensive. It cannot therefore be achieved unless the fiscal crisis of the African state is resolved, especially low and distorted spending on pro-poor services, weak budgetary institutions, distortions in civil-service expenditure, and the weakness of customs and taxation institutions in raising much-needed revenue. These problems are common across SSA but they are severe in the conflict/post-conflict country group. Reform is therefore urgent, and this issue illustrates how reform---if it is well designed---can …