{"title":"IMPACT OF FOREIGN AID ON ECONOMIC GROWTH IN KENYA 2006-2020","authors":"Mureithi Kabura, S. Handa","doi":"10.47604/jir.1649","DOIUrl":null,"url":null,"abstract":"Purpose: The objective of this study was to examine the impact of foreign aid on economic growth in Kenya. \nMethodology: The study used a descriptive research technique and a time series approach to track economic growth in Kenya for 41 years, from the year 1980 to 2020. The study also adopted a census survey to collect secondary data by use of a secondary time series data template from the World Bank and KNBS databases in Kenya for the period 1980 to 2020. The collected data was edited, coded and analyzed using statistical package for social sciences (SPSS). \nFindings: The results of the study revealed that ODA, emergency & food aid, debt forgiveness and technical cooperation had a positive and significant relationship with economic growth(GDP). In addition, ODA, emergency & food aid and debt forgiveness have a positive and significant impact on economic growth. However, technical cooperation had a negative and no significant impact on economic growth in Kenya \nUnique Contribution to Theory, Practice and Policy: The study recommended that financial policymakers should come up with better strategies on the management of the foreign aid funds so as to ensure they are efficiently utilized. Financial policy makers should also consider foreign donors who can offer debt forgiveness aid since it will help Kenya in managing and reducing its debts.","PeriodicalId":48069,"journal":{"name":"European Journal of International Relations","volume":"41 1","pages":""},"PeriodicalIF":2.7000,"publicationDate":"2022-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Journal of International Relations","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.47604/jir.1649","RegionNum":1,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"INTERNATIONAL RELATIONS","Score":null,"Total":0}
引用次数: 0
Abstract
Purpose: The objective of this study was to examine the impact of foreign aid on economic growth in Kenya.
Methodology: The study used a descriptive research technique and a time series approach to track economic growth in Kenya for 41 years, from the year 1980 to 2020. The study also adopted a census survey to collect secondary data by use of a secondary time series data template from the World Bank and KNBS databases in Kenya for the period 1980 to 2020. The collected data was edited, coded and analyzed using statistical package for social sciences (SPSS).
Findings: The results of the study revealed that ODA, emergency & food aid, debt forgiveness and technical cooperation had a positive and significant relationship with economic growth(GDP). In addition, ODA, emergency & food aid and debt forgiveness have a positive and significant impact on economic growth. However, technical cooperation had a negative and no significant impact on economic growth in Kenya
Unique Contribution to Theory, Practice and Policy: The study recommended that financial policymakers should come up with better strategies on the management of the foreign aid funds so as to ensure they are efficiently utilized. Financial policy makers should also consider foreign donors who can offer debt forgiveness aid since it will help Kenya in managing and reducing its debts.
期刊介绍:
The European Journal of International Relations publishes peer-reviewed scholarly contributions across the full breadth of the field of International Relations, from cutting edge theoretical debates to topics of contemporary and historical interest to scholars and practitioners in the IR community. The journal eschews adherence to any particular school or approach, nor is it either predisposed or restricted to any particular methodology. Theoretically aware empirical analysis and conceptual innovation forms the core of the journal’s dissemination of International Relations scholarship throughout the global academic community. In keeping with its European roots, this includes a commitment to underlying philosophical and normative issues relevant to the field, as well as interaction with related disciplines in the social sciences and humanities. This theoretical and methodological openness aims to produce a European journal with global impact, fostering broad awareness and innovation in a dynamic discipline. Adherence to this broad mandate has underpinned the journal’s emergence as a major and independent worldwide voice across the sub-fields of International Relations scholarship. The Editors embrace and are committed to further developing this inheritance. Above all the journal aims to achieve a representative balance across the diversity of the field and to promote deeper understanding of the rapidly-changing world around us. This includes an active and on-going commitment to facilitating dialogue with the study of global politics in the social sciences and beyond, among others international history, international law, international and development economics, and political/economic geography. The EJIR warmly embraces genuinely interdisciplinary scholarship that actively engages with the broad debates taking place across the contemporary field of international relations.