Africa’s Democracy is Good for Growth

Image: Polling Booth

Democracy promotes economic growth

Does democracy promote economic growth? An immense body of literature already exists on this topic but there is, as yet, no hard consensus among scholars and policymakers alike about the general link between democracy and growth. This question is particularly relevant to sub-Saharan Africa—a region where two broad trends of fast economic growth and democratization concurrently happened over the past two decades.

G20 Engagement and the Foreign Office

Photo: Auswaertiges Amt

G20 and Foreign Offices

The G20 began as a forum for Finance Ministers and Bank Governors in 1999, but with the addition of the Leaders’ Summits in 2008, the Executive Office (or in the case of the 2017 G20 – the German Federal Chancellery) began to play a central role within the G20. A general division of labour has evolved in preparing G20 Leaders’ Summits whereby most economic and financial issues are managed through the Finance Track, and many non-economic issues are managed through the Sherpa Track via the G20 President’s executive office and an appointed Sherpa.

Budgethilfe als Standardinstrument!

Image: Wallet

Anreizeffekte dienen der Entwicklung

Seit über 10 Jahren betonen internationale Initiativen die Rolle von ownership für eine effektive Entwicklungszusammenarbeit. Folgt man dieser Forderung, sollte Budgethilfe das Standardinstrument der Geberländer sein. Die präferieren jedoch weiterhin Projekthilfe, meist aus politisch motivierten Gründen. Wir sehen die Zukunft der Entwicklungspolitik stattdessen in der Budgethilfe.