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Role of Foreign Aid in Africa

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Role of Foreign Aid in Africa
Running Head: The role of international aid politics in Africa

Title: The role of international aid politics in Africa. Is it helping or hurting progress in Africa on development, or both.

Name: Saba Fazal Firdousi
Course: International Relations
ID: 10U0166
Instructor Name: Mashal Shabir

ABSTRACT

This paper aims to provide an overview of African economy in terms of the current and past issues they are facing with regard to foreign assistance from developed economies. It focuses on the development it had made in Africa through policies being adopted by government through the foreign aid. The thesis for our research paper would be effects of foreign aid on the development of Africa. Moreover, it will identify the reasons for the failures of low level of gross domestic product, increasing poverty along with high inflow of foreign aid and much more. By the end of this paper some recommendations are been suggested to uplift the downward trend of growth in African economies. This paper is further divided into six sections, starting with a brief introduction about Africa economy. Then reasons for failure of foreign aid and the crisis African economy are facing through aid dependence. We will discuss factors that influence aid usefulness followed by the relationship between foreign aid and development. Lastly, policies are being recommended for the effectiveness of foreign aid along with a general conclusion drawn after analyzing the situation.

INTRODUCTION

Africa is the world second largest continent with second largest population after Asia. African nations are considered to have a very low level of income per captia and a recent statistics from the United Nation shows that 22 out of 24 nations has been marked as “ Low Human Development”. Moreover due to high level of population growth and declining trend in income per captia there is huge influx of capital inflow in Africa in the form of foreign assistance
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