ICT for Enhanced Governance and Development in Africa: The Potential of Debt-for-Development Exchanges

IST-Africa 2012 Conference Proceedings

10 Pages Posted: 11 Jun 2013

See all articles by Emmanuel Laryea

Emmanuel Laryea

Monash University - Faculty of Law

Date Written: May 9, 2012

Abstract

This paper argues three main points. First, that deficient governance in African economies is a principal cause of their poorer economic conditions. Second, ICT can be used to enhance governance, and in turn development, in African economies. Third, ICT projects aimed at enhancing governance in African countries are most suited for funding through debt-for-development exchange programs. The reasons are that such programs: (1) are saleable to, and within, donor countries and institutions; (2) align very well with, and complement, the goals of development aid; (3) are financially self-sustaining; (4) cut waste, and yield efficiencies and economic growth in the recipient countries; (5) could be apt for private sector participation and investments; and (6) can be a possible way of solving the basket cases that many African economies have been in the past.

Keywords: ICT for Development, Good Governance, African Development, Debt-for-Development Exchange

JEL Classification: K00

Suggested Citation

Laryea, Emmanuel, ICT for Enhanced Governance and Development in Africa: The Potential of Debt-for-Development Exchanges (May 9, 2012). IST-Africa 2012 Conference Proceedings. Available at SSRN: https://ssrn.com/abstract=2277393 or http://dx.doi.org/10.2139/ssrn.2277393

Emmanuel Laryea (Contact Author)

Monash University - Faculty of Law ( email )

Wellington Road
Clayton, Victoria 3800
Australia

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