scholarly journals Foreign Aid and Trade Capacity Development Recent Evidence from Uganda

2016 ◽  
Vol 9 (3) ◽  
pp. 39
Author(s):  
Alex Thomas Ijjo ◽  
Isaac M. B. Shinyekwa
Keyword(s):  
Foreign Aid ◽  
Capacity Development ◽  
Developed Countries ◽  
External Trade ◽  
Least Developed Countries ◽  
Development Indicators ◽  
Side Constraints ◽  
The World ◽  
Aid For Trade ◽  
World Development

Endemic supply side constraints including fluctuating output levels, deficient trade infrastructure, rampant non-tariff barriers and incapacity to ensure international quality standards continue to thwart the gainful participation of many Least Developed Countries (LDCs) in an increasingly liberal global trade environment. At its 2005 Hong Kong Ministerial Conference, the World Trade Organization launched its Aid for Trade (AFT) initiative aimed at coordinating global financial support for strengthening trade capacity in Least Developed Countries (LDCs). This paper examined the effect of foreign aid, particularly Official Development Assistance, on Uganda’s external trade and its AFT component in strengthening the country’s trade capacity. Using time series Error Correction Modelling and the World Bank’s World Development Indicators and official national statistics, the paper finds small but positive aid influence on Uganda’s exports and imports and generally close alignment between aid and national priorities. However, given general aid volatility but more especially following the anti-homosexuality legislation and gross corruption allegations in the case of Uganda, the paper advises that external aid be treated as a supplement rather than a substitute for domestic financial resource mobilization in trade capacity development.

scholarly journals Foreign Aid and Development in the Democratic Republic of the Congo: An Analysis of International Barriers to Development

Perceptions ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 19 ◽  
Author(s):  
Anna N Smith
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
World Bank ◽  
Democratic Republic ◽  
Primary Source ◽  
Political Stability ◽  
Developed Countries ◽  
Least Developed Countries ◽  
Comprehensive Overview ◽  
The World

The Democratic Republic of Congo (DRC) remains one of the poorest and least developed countries in the world. Despite its abundance of natural resources, it has failed to develop and maintain political stability since its decolonization in 1960. With its unstable and corrupt government, the DRC’s primary source of fiscal investment comes from foreign aid, from both International Organizations (IOs), like the International Monetary Fund and World Bank, as well as International Non-Governmental Organization (INGOs). In this paper I examine how the role of international aid from The World Bank, IMF, and INGOs has contributed to the pervasive stagnation of the DRC’s economic growth, and how aid can be implemented equitably and efficiently. In order to create a comprehensive overview of economic development in the DRC, I analyze the repercussions of colonial legacies, government corruption, the benefits of foreign aid, and possible neo-colonial implications of foreign aid on the country’s growth. After analyzing the sum of these effects on economic growth, we can conclude that ultimately foreign aid is necessary for development in the DRC; however, adjustments must be made to current aid programs in order to create equitable growth.

EMPOWERING WOMEN THROUGH ENTREPRENEURSHIP: ASPECTS AND APPROACHES

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Substantial Contribution ◽  
Economic Empowerment ◽  
World Population ◽  
Least Developed Countries ◽  
The Road ◽  
Road Map ◽  
The World ◽  
The Status

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.

scholarly journals Demokratický deficit v islámských zemích

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Pavla Vítová ◽  
Jaromír Harmáček
Keyword(s):  
Arab World ◽  
Economic Factor ◽  
Developed Countries ◽  
Development Programme ◽  
Democratic Deficit ◽  
Least Developed Countries ◽  
Muslim Countries ◽  
Study Results ◽  
The World ◽  
Nations Development

United Nations Development Programme (UNDP) identified in 2002 three fundamental areas of human development in which the Arab world lags behind the rest of the world. One of those specified areas was the lack of freedom and democracy. To investigate the presence of the democratic deficit, the study introduces a composite democracy index that measures and compares countries’ performances in the democratic domains. This paper aims to define and describe the democratic deficit in the context of the Islamic world, verify its existence in the Arab world, and determine its possible presence in other Muslim countries in various world regions. The study results showed that although the deficit was formulated almost twenty years ago, it is still relevant. It has been observed that Muslim countries performed, on average, worse on the index score than non-Muslim countries, which means that the Islamic countries face the democratic deficit. Moreover, the results showed that the performance of the Arab world in the democratic index is even worse than that of the other Muslim countries. The analysis additionally confirmed that the economic factor is important in verification of the deficit and its depth. On the level of individual countries, poor Muslim states often achieved the worst results, usually from the group of the least developed countries, such as Yemen, Somalia, Sudan, or Eritrea.

scholarly journals Foreign Aid in Nepal

2018 ◽  
pp. 71-76
Author(s):  
Kiran Bahadur Pandey
Keyword(s):  
Economic Development ◽  
Foreign Aid ◽  
Developed Countries ◽  
Domestic Investment ◽  
Least Developed Countries ◽  
Capital Goods ◽  
Economic Journal

Foreign aid is essential for least developed countries like Nepal because these countries have the shortage of fund to meet their domestic investment for accelerating economic development and also to finance the import of essential capital goods required for the development. Nepal receives foreign aid from bilateral and multilateral sources. Following a descriptive approaches this paper analyses the trend of foreign did flow in Nepal from aggregative perspective. Economic Journal of Development Issues Vol. 23&24 No. 1-2, (2017) Combined Issue, Page : 71-76

Human Rights, Poverty Reduction, Opportunities, and the Multinational Enterprise

2021 ◽  
pp. 887-908
Author(s):  
Scott A. Hipsher
Keyword(s):  
Human Rights ◽  
Multinational Enterprises ◽  
Poverty Reduction ◽  
Positive Impact ◽  
Multinational Enterprise ◽  
Developed Countries ◽  
Least Developed Countries ◽  
The World ◽  
The Right ◽  
Single Set

There is near universal agreement the human rights of all individuals should be respected. Yet in practice, there are differences of opinions over the universality and application of human rights in specific situations. Instead of advocating excessive scrutiny and regulation of human rights based on a single set of values, thus discouraging FDI in the least developed countries of the world; it is argued multinational enterprises can have the most positive impact on human rights by actively seeking out opportunities to operate in the areas of the world most affected by poverty. By concentrating on doing what the private sector does best, creating livelihood and purchasing options which individuals have the right to choose or reject, the private section can have a significant impact on creating wealth and reducing poverty.

scholarly journals Development Aid - A Perspective on the Sustainability of World Bank Projects

2016 ◽  
Vol 9 (4) ◽  
pp. 241
Author(s):  
Dominik Schafer
Keyword(s):  
World Bank ◽  
Developed Countries ◽  
Development Aid ◽  
Project Delivery ◽  
Least Developed Countries ◽  
Asian Continent ◽  
The World Bank ◽  
The World

This paper focuses on the evaluation of the World Bank (WB) performance in delivering development aid to the Least Developed Countries (LDCs). For this purpose, an extensive research was performed to analyze a set of 790 Implementation Completion and Results reports for sustainability outcomes. Results of this research provide various insights on sustainability ratings of project delivery of the LDCs and the African and Asian continent, whereas overall satisfying sustainability ratings are disclosed.

scholarly journals The Challenge of Regional Economic Integration in Africa: Theory and Reality

2015 ◽  
Vol 3 (4) ◽  
pp. 5 ◽  
Author(s):  
Peace A. Jiboku
Keyword(s):  
Economic Integration ◽  
Developed Countries ◽  
Economic Transformation ◽  
Theory And Practice ◽  
Regional Economic Integration ◽  
Least Developed Countries ◽  
High Concentration ◽  
Regional Economic ◽  
Integration Schemes ◽  
The World

Africa has a high concentration of sub-regional economic organisations, multilateral arrangements and institutions promoting the goals of integration. Yet, the continent has remained the least integrated of the world’s major regions. Africa has remained slow in its development trajectory and harbours most of the least developed countries of the world. A large percentage of the African populace is mired in poverty while the sub-continent continues to be marginalised in global affairs. The obvious reality is that Africa is yet to benefit fully from the gains of regional economic integration and that the economic transformation of the African continent as a whole – one of the main objectives often declared in establishing regional economic integration schemes – is yet to be realised. There is, in Africa, a seemingly wide gap between the theoretical aspirations towards regional economic integration and the empirical evidence and practical reality of actual integration. Regionalism in Africa raises several issues of contradictions and debate in the world <br />of theory. This paper examines regional economic integration challenge in Africa locating key issues within theory and practice.

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