This paper suggests a framework for analyzing aid dependence, particularly in Africa. It argues that aid dependence, and not necessarily a low volume of assistance, is the major problem. It considers the context of the micro-institutional mechanisms of aid delivery, and the context of the...

As Ghana enters its second half century, we are faced with a paradox. Despite a solid transition to democracy in the political situation, despite recorded recovery in the last fifteen years from the economic malaise of the two decades preceding, and despite reductions in measured poverty, there...

What is the rationale for the coexistence of Global Financial Institutions (like the World Bank) and Regional Financial Institutions (like the Regional Development Banks)? This paper conceptualizes the differences between these entities and develops a framework for assessing their comparative...