Foreign aid for economic growth: a case study of Uganda

 

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dc.contributor.advisor Biekpe, Nicholas
dc.contributor.advisor Mensah, Jones Odei
dc.contributor.author Wolgast, Jackie
dc.date.accessioned 2019-06-19T11:05:24Z
dc.date.available 2019-06-19T11:05:24Z
dc.date.issued 2018
dc.identifier.citation Wolgast, J. 2018. Foreign aid for economic growth: a case study of Uganda. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/30221
dc.description.abstract Poverty remains, despite efforts by the advanced economies to address it, a constant challenge in the world, particularly in Africa. The African continent has been riddled with poverty for decades. The factors that lead to and sustain poverty in African countries are varied and differ from country to country. However, historical factors, political instability, poor economic policies, a lack of education, disease, population growth, as well as climatic and environmental factors are key examples of some of these contributing factors. Today, Uganda is considered to be one of the poorer countries on the African continent, and for decades, despite large amounts of foreign aid inflow, there has been no significant improvement in relation to poverty reduction. The purpose of this study was to evaluate whether foreign aid contributed to economic growth in Africa, with Uganda serving as a case study. Using data from 1987 to 2011, the Autoregressive Distributed Lag was employed to test for the existence of the long-run Augmented Dickey-Fuller test for stationarity and the Ordinary Least Square regression analysis was used to test for the relationship between the variables. The results show that foreign aid has a significant negative effect on economic growth in the long run. The lesson for policymakers is that aid can improve economic growth in the long run, if and when facilitated by quality institutions. Other policy recommendations are included
dc.subject foreign aid, economic growth
dc.title Foreign aid for economic growth: a case study of Uganda
dc.type Thesis / Dissertation
dc.date.updated 2019-06-19T11:05:08Z
dc.language.rfc3066 eng
dc.publisher.faculty Faculty of Commerce
dc.publisher.department Graduate School of Business (GSB)
dc.type.qualificationlevel Masters
dc.type.qualificationlevel Master of Commerce


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