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International Economics Commons

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Regional Economics

Dickinson College

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Aiding The Underdevelopment Of African Economies, Hannah Storey Jan 2016

Aiding The Underdevelopment Of African Economies, Hannah Storey

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This paper tested competing arguments that foreign aid can substantially aggravate the patterns of underdevelopment in previous British colonies. I followed the Center for Global Development in taking into account Amartya Sen’s understanding of development: “development consists of more than improvements in the well-being of citizens, even broadly defined: it also conveys something about the capacity of economic, political and social systems to provide the circumstances for that well-being on a sustainable, long-term basis” (Barder 2012). Generally in cases of underdevelopment the economic, political, or social system (or a combination of these three) in place is not sustainable and ...