Normative Consequences and Opportunities of Development Aid in Africa
摘要
This paper aims to present prescriptive consequences and prospects of international development aid in Africa. We triangulate the existing narratives, facts, and figures to present a balanced pertinent argument. We contrast diverse theoretical and empirical elucidations. To supplement the normative inferences and draw value-free inferences, we present a panel data regression result. We harnessed quantitative information from the World Development Indicators database. The official development assistance data cover 34 African countries for the years between 1991 and 2018. Finally, we recommend that the international aid management in Africa should be reformed in three ways: (i) The aid philosophy should be changed from altruism to reparation, equity, grant, and obligation; (ii) African countries should graduate from aid dependency and plan for self-sufficiency by establishing their own supranational financial institutions; and (iii) Africans should negotiate for debt cancelation, as the significant part of so called “aid” is debt not a grant.