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date: 16 October 2019

Abstract and Keywords

This chapter provides a historical overview of foreign flows to North Africa since 1960. It also simultaneously analyses the determinants and the impact of both bilateral and multilateral aid in the region. Contrary to general perceptions, North Africa has historically been a low recipient of aid when compared to other developing regions and aid effectiveness in the region has been undermined by its geostrategic objectives. There is a need for a new approach to foreign assistance, one that is more based on respect for human rights in recipient countries.

Keywords: aid, Overseas Development Assistance, International Monetary Fund, World Bank, North Africa, MENA

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