- Title
- Foreign aid and Human Development Indicators: Evidence from South Africa
- Creator
- Mwimba, Inambao
- Subject
- Human development indicators
- Subject
- Official Development Aid
- Date Issued
- 2023-04
- Date
- 2023-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/62162
- Identifier
- vital:72003
- Description
- The purpose of this study is to determine whether foreign aid influences the quality of life in South Africa. To do so, the study analyses the relationship between foreign aid and the human development index (HDI). HDI consists of three other indices: the index of wellbeing, the index of education, and the index of income. To measure the relationship between foreign aid and HDI, five Autoregressive Distributed Lag (ARDL) models are used in estimating the effect of foreign aid on HDI as well as life expectancy, education level, unemployment, and GDP per capita from 1993 to 2019. Income, population density, and credit are given to the private sector are part of the empirical models as controlled variables. The results show that no significant relationship exists between foreign aid and HDI, education, and GDP, while aid is linked to a lower life expectancy rate and unemployment. These findings imply that aid can increase the HDI in South Africa by contributing to a decreased unemployment rate, and thus policy makers should establish concrete plans and develop economic strategies that focus on creating incentives that attract more aid, especially in the short run. This can lead to a decrease in the unemployment rate, which is often regarded as South Africa’s biggest economic issue.
- Description
- Thesis (Ma) -- Faculty of Faculty of Business and Economic Sciences, 2023
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (86 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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NMU School for Economics, Development and Tourism
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | MWIMBA I.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |