Aid, Taxation and Development: Analytical Perspectives on Aid Effectiveness in Sub-Sharan Africa

Christopher Adam () and O'Connell, S.A.

Working Papers Series from Centre for the Study of African Economies, University of Oxford

Abstract: Sub-Saharan Africa is the poorest and most aid-dependent region in the world. It was also the slowest-growing region in the period from 1960 to 1990, contrary to what might reasonably have been expected given the high returns to investment associated with capital scarcity. While achievements on social indicators aresomewhat less unfavourable than those on economic growth, the overall contribution of aid to African economic development is now widely viewed has having been low.

Keywords: AFRICA; ECONOMIC GROWTH; FINANCIAL AID (search for similar items in EconPapers)
JEL-codes: O47 O55 O16 F35 (search for similar items in EconPapers)
Date: 1997
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Working Paper: Aid, taxation, and development: analytical perspectives on aid effectiveness in Sub-Saharan Africa (1998)
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