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Official Development Assistance and the Third World’s Debt Crisis

Implication for Nigeria Educational Development, 1980–2015

Bibliographic Data

ID20253148
AuthorsUbaka Cosmas Molokwu (0000-0001-7468-655X, Ebonyi State University, corresponding author), Victoria Ozioma Chime (Chukwuemeka Odumegwu Ojukwu University), Victor Akalonu (University of Nigeria), Anthonia Uju Alozie (Ebonyi State University), Femi Justus Chukwudi (University of Nigeria), Ebu Solomon Ososhepoh (University of Nigeria), Chukwuka Ethelbert Nwose (Paul University Awka), Chukwuka Nwose, Okoro Onu Ewa (University of Nigeria)
Year2022
Volume9
Issue1
Publication date2022-12-31
Open AccessYes
TypeARTICLE
VenueCogent Arts and Humanities (JOURNAL)
Journal identifiersISSN: 2331-1983 • E-ISSN: 2331-1983
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/23311983.2022.2089489
OpenAlexW4283386025
LanguageEN
References cited13

There had been calls over the years for Official Development Assistance to developing countries of the world, particularly to countries in sub-Saharan Africa. These calls hinge on the belief that the fund will resuscitate the ailing economy of the recipient countries. After channelling resources to the developing countries after almost half a century, it would appear that little development has taken place. This study, however, examined the impact of Official Development Assistance on Nigeria’s educational development during the period under review. Primary and secondary sources were put to use while thematic historical analytical approach was adopted in the interpretation and analysis of data. The study found a negative relationship between Official Development Assistance and educational development in Nigeria. In view of this, the paper recommends the reviewing or repudiation of those economic-suffocating conditionalities attached to Official Development Assistance that tend to aggravate the socio-economic conditions of recipient countries as well as the implementation of policy measures that would ensure effective and maximum utilization of Official Development Assistance

Developing country · Development economics · Economic growth · Economics · Political science · Economic Growth and Development · International Development and Aid · Poverty, Education, and Child Welfare

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Highly citedNo

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