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Full-Text Articles in Social and Behavioral Sciences
Do Foreign Direct Investment And Foreign Aid Promote Good Governance In Africa?, Adugna Lemi, Blen Solomon, Sisay Asefa
Do Foreign Direct Investment And Foreign Aid Promote Good Governance In Africa?, Adugna Lemi, Blen Solomon, Sisay Asefa
International Journal of African Development
The literature on the roles that governance/political and economic stability play to attract capital flows into African economies has been burgeoning. Good governance, liberalization, infrastructure, incentive packages have been regarded as cures to break the deadlock to reverse the economic plight, to attract inflow of capital and, in some cases, to reverse outflows of African economies. The flow of capital, however, has undesirable side effects on host economies’ working conditions, environmental standard, inequality, and culture, among others. These economic and social external or negative spillover effects are due to the phenomenon of “race-to-the-bottom” where companies invest in economies with lax …
The Lost Opportunity For Ethiopia: The Failure To Move Toward Democratic Governance, Theodor Vestal
The Lost Opportunity For Ethiopia: The Failure To Move Toward Democratic Governance, Theodor Vestal
International Journal of African Development
During the critical five year period leading up to the velvet revolution and the overthrow of Haile Selassie’s regime, there were missed opportunities to bring about peaceful change in Ethiopia’s governance. This paper analyzes the events of this period that led to the rise of the Derg and the revolutionary changes that followed and speculates on when strategic steps could have been taken to avoid the catastrophic events that ensued in 1974.