The Economics of the Invisible Global Good-Governance Government and the Aid-Dependent Economy
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.
- Paperback | 104 pages
- 152.4 x 228.6 x 6.6mm | 213.19g
- 11 Jan 2010
- London, United Kingdom
- black & white illustrations