Work

Official development assistance to the West African Subregion: Do the trade war and economic policy uncertainties in the US and China Matter?

Year: 2021

Type: article

Abstract: This work was set to investigate empirically the possible impact of economic policy uncertainties as well the trade conflict between China and the US on the Official Development Assistance to the West African Sub-region. From the bivariate test for linear association, we found a co-movement of the War with ODA. This implies that aids can increase even as the war goes on as such aids may be used as a penetration strategy for trade and other economic purposes. It was also found that there is a greater sensitivity of ODA to US uncertainty than the Chinese Uncertainty. The error correction model shows that it is obvious that Official Development Aids adjust to the shocks and dynamics of the raging economic uncertainties and trade war between China and the US.

Source: Research in Globalization

DOI: 10.1016/j.resglo.2021.100070

Authors: Chinwe Okoyeuzu, Ebere Ume Kalu

Institution: University of Nigeria

Language: English

Topic: International Development and Aid

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDGs: Partnerships for the goals, Peace, justice, and strong institutions

Open Access status: gold

Estimated APC paid: $1,100