Introduction

Goran Hyden and Rwekaza Mukandala
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Goran Hyden: University of Florida
Rwekaza Mukandala: University of Dar es Salaam

A chapter in Agencies in Foreign Aid, 1999, pp 1-7 from Palgrave Macmillan

Abstract: Abstract Foreign aid has come to play a very critical role in the economy of many developing countries. Even though it is necessary to take official statistics on the national economy of these countries with caution, current figures indicate that the official development assistance (ODA) constitutes more than 25 per cent of the gross domestic product (GDP) in some countries (Riddell 1995:41), and between 10 and 25 per cent in many others. These figures indicate a high level of aid dependency and how important is the role that external resources, provided in the form of official government aid, play in the economy of developing countries, especially in sub-Saharan Africa.

Keywords: Gross Domestic Product; Recipient Country; Official Development Assistance; Gross Domestic Product Ratio; Swedish International Development Cooperation Agency (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14982-7_1

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DOI: 10.1007/978-1-349-14982-7_1

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