How Does Development Aid From OECD Impact Agricultural Development in Sub-Saharan Africa?
Author: Yuanxin Fang
Publisher:
Published: 2018
Total Pages: 66
ISBN-13:
DOWNLOAD EBOOKIn recent years, agricultural aid has become one of the most common policy instruments used by the international community to support developing and less developed countries. It is of particular importance for promoting economic development, reducing poverty, and increasing social stability for recipient countries. Over the past three decades, productivity growth has remained slow in Sub-Saharan African (SSA) countries. The international community has strengthened measures to deal with increasing economic challenges faced by these countries. Agricultural development, with high contributions to the GDP growth, is expected to promote productivity and enhance their global competitiveness. But there have been growing concerns about aid effectiveness in recent years. These concerns motivate the question key to this study: How does agricultural aid from OECD donor countries impact agricultural development in Sub-Saharan African countries? This study utilizes data collected by the OECD, the World Bank, and the Food and Agriculture Organization(FAO) of the United Nations from 2002 through 2011 across 44 SSA countries. The analysis seeks to examine agricultural aid effectiveness in Sub-Saharan Africa, and, in general, finds no evidence that agricultural aid and agricultural growth has a relationship.