Aid Policy and Accelerated Development
Which Approach for Ghana?
The idea that aid promotes growth and therefore development can be traced back to the work of J.M. Keynes who argued in the 1930s that governments can stimulate growth by increasing investments. The basic argument is that where governments have adequate resources for investments to stimulate growth, they can rely on foreign aid to supplement domestic resources.
Author(s): Robert Darko Osei
Date of Publication: 2008
Price: GH¢ 3.00 Pages: 26