An analysis on the effectiveness of Other Official Flows in Sub-Saharan Africa from 1998-2016

Other Official Flows;Economic development;Sub-Saharan Africa;Regulations;307

Esther Antwi-Danso국제대학원 국제학과(국제지역학전공) ;

University:서울대학교 대학원

关键词: Other Official Flows;    Economic development;    Sub-Saharan Africa;    Regulations;    307;   

Others  :  http://s-space.snu.ac.kr/bitstream/10371/161138/1/000000156324.pdf

美国|英语

来源: Seoul National University Open Repository

【 摘 要 】

This research studies the effectiveness of Other Official Flows (OOF) on economic development in the Sub Saharan Africa Region. The study spanned a period of eighteen (18) years on some selected 36 countries in the region. A fixed effects (FE) regression model was employed in the analysis. Regulations were also used as an absorptive variable interacting it with OOF to find its effect on economic growth.The study found that, OOF has a slightly negative significant effect on per capita GDP growth. Furthermore, it;;s significance on per capita GDP growth increased when interacted with regulation but still was still negatively correlated. Trade openness was significantly contributing positively to the growth rates in the region. This implied that, although trade has positive effects on growth, activities and investments that spring out of these trade liberalisations must be carefully considered.The implication of this study is thus to identify the benefits countries in Sub-Saharan African Countries can gain from such investments if better business regulations are implemented. Some policy recommendations on investments and regulations were presented in the final part of this thesis that can help to improve the outcome of these flows to the development of these countries.