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 ISSN: 2251-1261

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Oyat C

 

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Prime Journal of Business Administration and Management

ISSN: 2251-1261. Volume 2, Issue 7, pp. 604-609

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Full Length Research

 

Aid and management of sustainable development: lessons for African governments and leaders

 

Oyat Christopher

 

Senior Lecturer in the Faculty of Business and Development Studies at Gulu University

 

Accepted 3rd July, 2012

 
Abstract

 

The impetus for this publication has been pegged down to the notion of trend analysis, interpretation and the drawing of logical conclusions in respect to the management of foreign aid for sustainable development in Africa. The article based itself on utilizing relevant literatures, credible reports from international institutions and organizations; and practical experience based on work with international and local non-state actors in Uganda. The study affirms and concludes that there is no way that developing countries in Africa can sustainably develop and transform the lives of their people without becoming more inward looking than ever before. It is argued that foreign aid may only facilitate growth and development on a short term basis, but the onus of remarkable perspective and sustainable development depends on how critical, farsighted and committed African Governments and leaders are in harnessing and frugally managing existing resources.

 

Key words: Aid, resource management, and sustainable development.



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