Aid and Economic Development in the Central African Republic
Romuald Bamoy
Broschiertes Buch

Aid and Economic Development in the Central African Republic

Economic growth and development

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The aim of this study is to assess the effect of official aid on economic development in CAR over the period 1990-2017. We began by highlighting the effect of official development assistance on economic growth in CAR using an ARDL model. We then determined the effect of official development assistance on inequality in CAR using a second-order Vector Autoregressive model. The results obtained from World Bank and SWIID data suggest that official development assistance contributes to economic growth in CAR in the long term. However, it contributes to exacerbating inequalities. These findings ther...