Why Aid Does Not Increase Savings Rates in Sub-Saharan Africa?
Author:
John Serieux
,Terry McKinley
Thematic Area:
Poverty Reduction Policies
Abstract:Since the mid-1980s, sub-Saharan Africa has had the lowest savings and investment rates of any region in the world. It has also been the recipient of the highest levels of Official Development Assistance relative to output. Hence, many analysts have been concerned that ODA might be having a negative impact on domestic savings.
Keywords:Aid, Increase, Savings Rates, Sub-Saharan Africa
Publication Date:
Type/Issue:One Pager/75
ISSN:2318-9118
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