Irrespective of source and manner of aid management, any aid received by a non-good-governance government above the food-aid threshold tends to increase transaction cost toward infinity (transaction cost theorem). The donor can reduce the transaction cost or social cost for the aid-recipient by withholding the aid. Under the new dispensation of the global good-governance government, which came into a clear profile after the global economy meltdown and the environmental crises, that level of food-aid is now unconditionally received as human right. This monograph concludes that of all the major problems global good-governance government is confronted with today, the problem of the aid-dependent economy is perhaps the easiest and the least costly to solve.

Book Information
ISBN 9780557184927
Author Teshome Mulat
Format Paperback
Page Count 104
Imprint Lulu.com
Publisher Lulu.com
Weight(grams) 165g