Using ODA to Accumulate Foreign Reserves in Sub-Saharan Africa
Author:
Costas Lapavitsas
Thematic Area:
Inclusive Growth
Abstract:Donors of foreign aid expect it to boost investment and aggregate demand by transferring real resources to recipient countries. Such transfers are essential to sub-Saharan Africa (SSA). Furthermore, attaining the Millennium Development Goals (MDGs) calls for substantial increases in aid in order to strengthen domestic investment and welfare expenditures. (...)
Keywords:Poverty, ODA, Sub-Saharan Africa
Publication Date:
Type/Issue:One Pager/37
ISSN:2318-9118
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