The Economics of the Invisible Global Good-Governance Government and the Aid-Dependent Economy
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The Economics of the Invisible Global Good-Governance Government and the Aid-Dependent Economy

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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.
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Product details

  • Paperback | 104 pages
  • 152.4 x 228.6 x 6.6mm | 213.19g
  • London, United Kingdom
  • English
  • black & white illustrations
  • 0557184924
  • 9780557184927
  • 2,218,341