![]() ![]() ![]() Cependant, en dépit de cette importante aide, la pauvreté reste élevée et le sous-développement n'a cessé de croitre. Depuis 1960, l'Afrique a reçu l'aide étrangère dont le montant avoisine trois mille milliards de dollars américains. L'aide internationale demeure au centre du développement en Afrique. This paper will also offer possible alternative solutions to foreign funding by suggesting strong transparent government institutions to incorporate structural transformation policies that could promote economic growth for poverty alleviation. This essay will attempt to explain why African countries are still underdeveloped despite massive inflows of development assistance and also illustrate how it arguably encourages corruption, promotes dependency culture, and seemingly lacks diversity in its model to solve Africa’s diverse challenges. ![]() However, those in the middle ground state that donor funding effectiveness is dependent on a country's right policy environment, great institutions, and existing culture (Andrew, 2006). Moyo (2009) further argues that Aid “Perpetuates the cycle of poverty and derails sustainable economic growth” (p.28). While in contrast, critics of donor funding (Easterly, 2003 Moyo, 2009 Asongu and Nwachukwu, 2016) uphold that it is ineffective. Advocates of Aid (Sachs, 2005 Duflo and Banerjee, 2011) argue that it has alleviated poverty in developing countries. A long-standing debate on the effectiveness of Aid has dominated research and policy-making circles. ![]()
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