The Economics of the Invisible Global Good-Governance Government and the Aid-Dependent Economy
- ISBN-10
- 0557184924
- ISBN-13
- 9780557184927
- Category
- Business & Economics
- Pages
- 106
- Language
- English
- Published
- 2010
- Publisher
- Lulu.com
- Author
- Teshome Mulat
Description
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.
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