THE CASE FOR CONTEXTUAL POLICY PRESCRIPTION TO ENHANCE DEVELOPMENT IN SUB-SAHARAN AFRICA:A CALL FOR REFORM IN THE DELIVERY OF POLICY PACKAGES

development;sub-Saharan Africa;Government

Eichman, KellyGinsberg, Benjamin ;

Johns Hopkins University

关键词: development;    sub-Saharan Africa;    Government;   

Others  :  https://jscholarship.library.jhu.edu/bitstream/handle/1774.2/38053/EICHMAN-THESIS-2015.pdf?sequence=1&isAllowed=y

瑞士|英语

来源: JOHNS HOPKINS DSpace Repository

【 摘 要 】

This thesis explores development policy in sub-Saharan Africa (SSA) and argues that international development organizations seemingly are placing emphasis on policy prescriptions that fail to help developing nations achieve long-lasting and sustainable development.Chapter one reviews the determinants of foreign direct investment (FDI) for multinational corporations in SSA through a case study of newspaper reports on FDI in Kenya and finds political stability to be one of the leading determinants of investment, and yet the factor is commonly overlooked or taken for granted by international development organizations.After reviewing the academic literature and recommendations put forth by international development organizations urging developing nations to focus on installing economic policies meant to encourage inflows of FDI, chapter two uses regression analysis to determine the impact of FDI on the overall welfare of the citizenry in SSA and finds that while there is a slight correlation between the two, it is negligible, and most prominent in countries that have already achieved political stability, independent of political regime.Building on the importance of political stability in development, chapter three questions what developing countries can do in order to improve their governance, what good governance means, and how countries can improve their institution without applying policy reforms that resemble ;;everything and the kitchen sink’, by highlighting the turnaround of Uganda. Thesis Readers: Dr. Ken Masugi, Dr. Sarah O’Byrne