How Foreign Aid Affect Developing Countries: The Case of Ethiopia

Öz

Foreign aid has been an essential tool for the socio-economic development of developing countries since 1960s. It is described by OECD as the financial, technical assistance and commodity flow to the countries that are in the list of DAC (Development Assistance Committee). US’s Marshall Plan is a well-known development assistance program, which was established between 1948 and 1951 under the European Recovery Program to support Europe in economic crisis after a war became successful in reducing poverty while increasing economic growth. By taking the Marshall plan as a model, developed countries have been supporting the developing countries since then. Recently, the Millennium Development Goals was also launched in New York in 2000 to finance economic growth of poor countries. New actors from other parts of the world took their places in providing development assistance. Despite receiving more than 600 billion USD in the context of foreign aid, large part of Africa has still remained underdeveloped and in an extreme poverty. In this paper, we study the impacts of foreign aid to socio-economic development to Ethiopia. After reviewing the development and foreign aid literature from primary and secondary sources, this study benefited from data gathered from World Bank Database, Transparency International and Freedom House, and then time series data were evaluated by regression analysis. Our findings indicate that foreign aids do not have a major influence on GDP growth; but it has a considerable influence on FDI (foreign direct investment) and unemployment rate in Ethiopia. However, it is observed that foreign aid has negatively correlated with democracy and corruption levels in the country. Although, the amount of foreign aid has been continuously increasing, Ethiopia has remained one of the most corrupt and authoritarian African countries according to related indices. Consequently, our study concludes that foreign aid should be redesigned to encourage and reward receiving countries to advance their democracy and eliminate corruption within the context of recent philosophy and principle of collaborative governance for long term development.

Anahtar Kelimeler

• : foreign aid,development,GDP,unemployment,corruption,democracy,governance

Dış Yardımların Gelişmekte Olan Ülkelere Etkisi: Etiyopya Örneği

Öz

Dış yardım, 1960'lardan bu yana gelişmekte olan ülkelerin sosyo-ekonomik olarak kalkınmaları için vazgeçilmez bir araç olmuştur. OECD, bu yardımları DAC (The Development Assistance Committee/Kalkınma Yardımı Komitesi) listesinde yer alan ülkelere finansal, teknik yardım ve emtia akışı olarak tanımlanmaktadır. 1948-1951 yılları arasında Avrupa İyileştirme Programı kapsamında uygulamaya koyulan ABD'nin Marshall Planı, Avrupa'daki ekonomik büyümeyi arttırırken, yoksulluğun azaltılmasını sağlamıştır. Marshall planını örnek alan gelişmiş ülkeler, 1960'lardan bu yana gelişmekte olan ülkeleri desteklemektedirler. Buna ek olarak, yoksul ülkelerin ekonomik büyümesini finanse etmek amacıyla 2000 yılında New York'ta Milenyum Kalkınma Hedefleri ortaya çıkmıştır. Afrika’ya yapılan dış yardım miktarının 600 milyar doları aşmasına rağmen, bu kıtadaki ülkelerin büyük kısmı az gelişmiş ve aşırı derecede fakir kalmıştır. Bu çalışmada, dış yardımın Etiyopya'ya olan sosyo-ekonomik etkileri incelenmiştir. Kalkınma yardımları ve dış yardım türlerine dair literatür incelendikten sonra, Dünya Bankası Veri tabanı, Şeffaflık Örgütü ve Özgürlük Evi gibi resmî kurumlardan edinilen veriler incelenmiş ve daha sonra bu zaman serisi verileri regresyon analizi yöntemi ile değerlendirilmiştir. Araştırma bulgularımız, dış yardımın GSYİH üzerinde önemli bir etkisi olmadığını göstermektedir; ancak dış yardım Etiyopya'da doğrudan yabancı yatırımlar (FDI) ve işsizlik oranı üzerinde önemli bir etkiye sahiptir. Ancak, ülkedeki demokrasi ve yolsuzluk seviyeleri ile dış yardımlar arasında anlamlı bir negatif ilişki olduğu görülmektedir. Her ne kadar dış yardımların miktarı sürekli artsa da ilgili endekslerde Etiyopya en yozlaşmış ve en otoriter Afrika ülkelerinden birisi olarak kalmaya devam etmiştir. Bu nedenle, dış yardımın alıcı ülkelerin demokrasilerini geliştirmelerini ve yolsuzluğu ortadan kaldırmalarını teşvik eden bir ödül olarak görülmesi gerekmektedir.

Anahtar Kelimeler

• dış yardım,gelişme,GSYİH,işsizlik,yolsuzluk,demokrasi,yönetişim

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