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Foreign Aid and Its Influence on Kenya's Political Economy - Couverture souple

Onyango, Clarice; Wangamati, Murumba; Matanga, Frank K.

 
9786200286352: Foreign Aid and Its Influence on Kenya's Political Economy
Couverture souple
ISBN 10 : 6200286353 ISBN 13 : 9786200286352
Editeur : LAP LAMBERT Academic Publishing, 2019

Synopsis

Globally, foreign aid forms one of the largest components of foreign capital flows to low-income countries. For the last four decades, countries of Sub-Saharan Africa including Kenyan have relied on external aid to alleviate poverty and address underdevelopment. Up to 2015, global foreign aid stood at $152.5 Billion with $45.8 billion given to Sub Saharan African countries and $2.5 billion given to Kenya. However, current socio-economic indicators reveal that Kenya, just like other Sub Saharan African countries, is fairing worse as compared to Asian Tigers with unemployment rate at 40.0%, poverty rate at 57.0%, indebtness at 52.8% of GDP and economic growth rate of 5.5% despite 30.13% of global foreign aid given to Sub Saharan African countries. Past studies have hardly focused on the nexus between foreign aid and the resultant political economy status in Africa and whether foreign assistance has any impact in Africa as it is still caught up in poverty and remains behind the developing world. Similarly studies in the contexts of the relationship between foreign aid and political economy have yielded mixed results with some indicating positive and others negative results.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Globally, foreign aid forms one of the largest components of foreign capital flows to low-income countries. For the last four decades, countries of Sub-Saharan Africa including Kenyan have relied on external aid to alleviate poverty and address underdevelopment. Up to 2015, global foreign aid stood at $152.5 Billion with $45.8 billion given to Sub Saharan African countries and $2.5 billion given to Kenya. However, current socio-economic indicators reveal that Kenya, just like other Sub Saharan African countries, is fairing worse as compared to Asian Tigers with unemployment rate at 40.0%, poverty rate at 57.0%, indebtness at 52.8% of GDP and economic growth rate of 5.5% despite 30.13% of global foreign aid given to Sub Saharan African countries. Past studies have hardly focused on the nexus between foreign aid and the resultant political economy status in Africa and whether foreign assistance has any impact in Africa as it is still caught up in poverty and remains behind the developing world. Similarly studies in the contexts of the relationship between foreign aid and political economy have yielded mixed results with some indicating positive and others negative results.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2019
Langue
anglais
ISBN 10 
6200286353
ISBN 13 
9786200286352
Reliure
Broché
Nombre de pages
76
Coordonnées du fabricant
non disponible
Personne responsable
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