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Essay Governance and Development

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DVA4803: Essay Governance and Development

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Uploaded on
January 29, 2024
File latest updated on
January 29, 2024
Number of pages
14
Written in
2023/2024
Type
Essay
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Grade
A

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January/February 2024 Examination

DVA4803

Governance and Development

100 Marks

Duration 4 Hours

Start: 29 January 2024 at 14:00 hours

End: 29 January 2024 at 18:00 hours

, Scenario

The World Bank's private arm, the International Finance Corporation, has found that only
half of its Africa-funded projects succeed, which means about half of these projects have
failed in achieving their intended results. This concern has prompted some global
financial institutions to reconsider funding African projects. However, some African
leaders have expressed concerns that this will hurt Africa, while some hold a different
view. Those who hold a different view assert that Africa will still thrive outside the financial
help of these global financial institutions. Some scholars hold the view that this pattern
is similar to that of South Africa where some government-funded projects do not yield the
intended results to citizens, and oftentimes no one is held accountable. Amid these
concerns, other scholars have debated the importance of empowering civil society
organisations, which they maintain would contribute positively to the development
agenda. These scholars perceive/consider this an opportunity to aid development at the
local level. On the contrary, some political leaders argue that the local government is
adequate, well-positioned and capacitated to deal with development issues at the local
level.

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