THE ROLE OF CHINESE DEVELOPMENT AID AND INCOME INEQUALITY: THE CASE OF EAST AFRICA

China's influence is significantly growing globally over the years. Especially in East Africa, over the last couple of decades, china’s role is significantly grown in multifaceted socio-economic activities such as Aid and investment. However, the relations, mainly the aid aspect which consists...

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Bibliographic Details
Published in:Analele Universităţii Constantin Brâncuşi din Târgu Jiu. Seria Economie 2024-02, Vol.1 (1), p.5-14
Main Authors: ALULA NEREA GEBEREMESKEL, MARUF MOHAMMAD SIRAJUM MONIR, NICOLETA-ELENA CRISTEA, HASAN MAKKAWI
Format: Article
Language:English
Subjects:
china
development aid
east africa
income inequality
random effect
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Summary:China's influence is significantly growing globally over the years. Especially in East Africa, over the last couple of decades, china’s role is significantly grown in multifaceted socio-economic activities such as Aid and investment. However, the relations, mainly the aid aspect which consists of a concessional loan with a grant element of 25 %, are portrayed by the West as detrimental, putting countries in a debt trap and adversely affecting socio-economic life in multiple ways in the long run. This paper aims to investigate the clime from Income Inequality (IIQ) point of view. By measuring the impact of Chinese official development assistance (ODA) on Income inequality (IIQ) in selected East African countries. The study employed random effect model on secondary data gathered for twenty years from eight countries. The results depict that Chines official development assistance contributes to reduction of income inequality
ISSN:1844-7007
2344-3685