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Affichage des articles du février, 2024

The Paradox of Foreign Aid in Sub-Saharan Africa: A Critical Analysis of Administration and Impact

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by Francois Phopho Kamano Introduction Foreign aid has been a pivotal element of development strategies in Sub-Saharan Africa since the region embarked on the path of independence from colonial rule. The premise of this aid has been to support economic growth, reduce poverty, and facilitate infrastructure development. Despite the noble intentions and substantial financial investments, the effectiveness of foreign aid in achieving these developmental goals remains a subject of intense debate. This paper seeks to explore the paradox that while foreign aid influx into Sub-Saharan Africa is significant, the expected outcomes in terms of economic development and poverty reduction are not always realized. The central research questions this paper addresses is: What are the underlying factors that compromise the efficacy of foreign aid in Sub-Saharan Africa? Literature Review The literature on foreign aid effectiveness presents a dichotomy of perspectives. Scholars like Sachs (2005) arg