Journal Article

Financing Post-Conflict Recovery in Africa: The Role of International Development Assistance

M. K. Mlambo, A. B. Kamara and M. Nyende

in Journal of African Economies

Volume 18, issue suppl_1, pages i53-i76
Published in print July 2009 | ISSN: 0963-8024
Published online May 2009 | e-ISSN: 1464-3723 | DOI: https://dx.doi.org/10.1093/jae/ejp010
Financing Post-Conflict Recovery in Africa: The Role of International Development Assistance

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  • International Finance
  • International Relations and International Political Economy
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This paper attempts to identify the key challenges of financing countries in post-conflict transition. Such countries constitute a critical development challenge given their enormous socio-economic needs and the difficulties associated with providing effective development assistance. Conflict destroys a country's economic, governance and administrative institutions; weakens public financial management systems and increases transaction costs, which makes it difficult for principals to monitor their agents. Rebuilding social and economic infrastructure is as crucial as the rehabilitation and reconstruction of the destroyed physical infrastructure—roads, bridges, restoration of water supply and sanitation and energy and power. A framework is elaborated here for assessing (i) Post-conflict situations in African countries; (ii) possible mechanism of financing post-conflict reconstruction and development in Africa; and, (iii) lessons from the past challenges of financing countries in post-conflict transition in Africa. The paper concludes that post-conflict financing in Africa needs to be done in the appropriate context and framework to enhance impact and effectiveness. They should be accompanied by the appropriate policy framework and guidance, and should be conceived within the context of the country's long-term development objectives.

Keywords: F35; F55; O11; O19

Journal Article.  7089 words.  Illustrated.

Subjects: International Finance ; International Relations and International Political Economy ; Economic Development

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