earticle

영어

The purpose of this study is two-fold. First, it tries to identify determinants of HDI (Human Development Index), a representative index to explain the level of living standard in African countries. Special attention has been paid to the effect of ODA (Official Development Assistance) and two types of economic growth on the index. Second, based on the Korean development experiences, this study seeks to derive future policy implications to the development practices in African countries. This study employs three spatial econometrics models (SAR, SEM, SAC) utilizing the country-level aggregated data of the forty-two African ODA recipient countries in 2012. This study finds while GDP per capita shows the positive causal effect to the enhancement on the living standard, GDP growth itself demonstrates negative influence on the living standard in the African countries. The development assistance (ODA) proves to be positively associated with the living standard in the countries. Social participation shows a positive impact on the index, but political environment is negatively correlated to the living standard. Incorporating the theoretical arguments and the empirical outputs, this study concludes with presenting possible implications of the Korean development experiences on the construction of the development strategies in the African countries.