Aid efficiency in the socio-political instability context of Burundi : a Granger causality approach, pp. 134-148, Cahiers du CURDES
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Date
2009-05
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UB, Cahiers du CURDES
Abstract
In the last years, Burundi has become increasingly dependent on foreign aid has external investment to its economy, but as this country crossed a crucial periods of civil war, this paper attempts to gauge the determinants of efficiency of aid during the socio-political instability from 1990-2005. The time series data are drawn from various sources. The co-integration approach is applied in this study. From the empirics, it came out clearly that on hand, the foreign aid has an slightly positive effect on economic growth but a highly insignificant on the child mortality rate during this straining civil war; on the hand socio-political stability has a positively significant on child mortality rate but not on economic growth. We recommend that security, good governance and decentralised political governance are the prerequisite for the efficiency of foreign aid.
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NKUNZIMANA Léonard, NDAYITWAYEKO Willy Marcel, Aid efficiency in the socio-political instability context of Burundi : a Granger causality approach, pp. 134-148, Cahiers du CURDES n° 10, Mai 2009.