The impact and determinants of donor support in Cross River State - Nigeria
DOI:
https://doi.org/10.18533/jefs.v3i6.122Keywords:
Corporate governance indicator, donor support, economic governance indicator, political governance indicator.Abstract
This study examines the impact and determinants of donor support in Cross River State Nigeria by linking donor support program and economic growth in Cross River State, the impact of political, economic, corporate governance, and sound donor governance indicators on economic development indicator, and finally the impact economic governance indicators, corporate governance indicators, sound donor governance indicators, economic development indicator on flow of donor support indicator using a sample of 200 cross sectional respondents - government agencies, donor organizations, Non-Governmental Organizations (NGOs), and private individuals. I use a well validated structured questionnaire method for data collection and use Ordinary Least Squares (OLS) and the Pearson Product Moment Correlation for analysis. The results show among others a positive relationship between flow of donor support and indicators of quality of political and economic governance, and quality of the business environment, there existed a significant relationship between donor support and economic growth in Cross River State. Based on the result, it was recommended that maintaining a safe and attractive business environment is critical for sustained inflow of donor funds. Equally, channeling donor funds to agro-allied industrialization, manufacturing, health, and tourism would enhance economic development. Lastly mechanisms for conflict prevention, management, and resolution at both state and local government levels should be encouraged so as to influence more funding activities to the state.
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