- Title
- The Impact of Official Development Assistance and Capital flight on Corruption and the impact of Official Development Assistance, Capital flight and Corruption on Economic growth in sub-Saharan African countries
- Creator
- Zandile, Zezethu
- Subject
- Capital movements
- Subject
- Corruption—Law and legislation
- Subject
- Economic growth--sub-Saharan African countries
- Date Issued
- 2022-12
- Date
- 2022-12
- Type
- Master's theses
- Type
- Thesis
- Identifier
- http://hdl.handle.net/10948/60199
- Identifier
- vital:63259
- Description
- This study sought after the theoretical and empirical investigation of whether Official Development Assistance (ODA), Corruption and Capital flight have any impact on each other and whether they also have an impact on economic growth. This investigation is carried out focusing within the sub-Saharan African region from the year 1995 to 2019. The empirical analysis uses the Panel Autoregressive Distributed Lag (PARDL) model within a Pooled Mean Group (PMG) to evaluate the existence of a long run cointegration that exists between ODA and corruption; Corruption and capital flight; GDP and ODA; GDP and capital flight and lastly Corruption and GDP. Focusing on the long-run, the model confirms a uni-directional long-run relationship from ODA to corruption and a bidirectional long-run relationship between corruption and capital flight. The model also confirms a bi-direction negative long-run relationship between ODA and GDP. GDP is reported to have a negative long-run relationship with corruption. There is a positive and significant relationship from capital flight to GDP which is contradictory to economic theory. This relationship might be due to the fact that there is no standard agreement on what capital flight is and how it is measured or estimated thus leading to such results. Also a shortage of this data has had a major impact on the analysis of these relationships. The Panel ARDL model is a superior model that can account for autocorrelation and thus cannot produce spurious results and thus we can be confident that the results presented on the study are robust. The overall results of the study suggest that the large influx of ODA within the SSA region causes corruption and thus the region needs less ODA and more good governance.
- Description
- Thesis (MCom) -- Faculty of Business and Economic Sciences, 2022
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (163 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Science
- 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 | Zandile,Z Dec 2022.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |