ABSTRACT
The study focuses on foreign aid and poverty dynamics in Africa. Specifically, the
study addressed two objectives ;(1) the relationship between poverty and aid and
(2) the relationship between mortality rate and aid. Following these objectives, the
study used fixed effects estimation techniques for the two objectives, the choice of
which was determined empirically using Hausman test. Based on this technique,
the following results were arrived at:(1) that the coefficient of official development
assistance was significantly positive, suggesting that higher poverty attracts more
official development assistance, (2) that the coefficient of expenditure on education
is positive, hence high rate of poverty attracts more expenditure on education,(3)
that official development assistance rises as a result of increase in the mortality
rate ,(4) that higher mortality rate attracts more expenditure on education
and(5)that expenditure on health appears not significant in the two models and this
implies that expenditure on health does not respond to changes in both the poverty
level and the mortality rate. The study therefore recommends for the scaling up of
aid to African countries in accordance to the agreements of Monterrey of 2002 and
Gleneagles of 2005.
CHIJIOKE, I (2021). Foreign Aid And Poverty Dynamics In Africa. Afribary. Retrieved from https://tracking.afribary.com/works/foreign-aid-and-poverty-dynamics-in-africa
CHIJIOKE, IROBI "Foreign Aid And Poverty Dynamics In Africa" Afribary. Afribary, 14 May. 2021, https://tracking.afribary.com/works/foreign-aid-and-poverty-dynamics-in-africa. Accessed 23 Nov. 2024.
CHIJIOKE, IROBI . "Foreign Aid And Poverty Dynamics In Africa". Afribary, Afribary, 14 May. 2021. Web. 23 Nov. 2024. < https://tracking.afribary.com/works/foreign-aid-and-poverty-dynamics-in-africa >.
CHIJIOKE, IROBI . "Foreign Aid And Poverty Dynamics In Africa" Afribary (2021). Accessed November 23, 2024. https://tracking.afribary.com/works/foreign-aid-and-poverty-dynamics-in-africa