Год выпуска: 2011 Автор: Victoria Chisala Издательство: LAP Lambert Academic Publishing Страниц: 368 ISBN: 9783844300031
Описание
Aid dependency is believed to act as an impediment to self-sustained development. The concept became important due to concerns for the lack of aid effectiveness in Africa, particularly among countries receiving high volumes of aid. It has been suggested that aid itself may be the problem. This book presents Zambia as a case of an aid dependent country. Aid dependency is defined, and the book shows how this may have an adverse effect on the course and the pattern of development. To begin with, the historical context of the development of the country‘s economy is analysed to establish the roots of this dependency. The financial and economic variables are then examined to establish the extent of aid dependency. Nevertheless, it is argued that aid dependency is more than a state of accounts. The debilitating effects extend to institutions responsible for economic policy-making including planning, budgeting and public finance management. Aid dependency also has serious implications for...