Foreign Aid: A Literature Review

Western literature has looked at Africa’s poverty inclination, HIV/AIDS, overpopulation, malnutrition, famine and war as pressing issues in the international arena. As countries opt to get out of the poverty vacuum, Gilpin claims that, “the intense desire of the majority of the human race to escape its debilitating poverty and join the developed world is the determining feature of international politics” (1987: 263). With the wake of the globalization era, more and more people have become aware of their social position in the world, so too has literary works have been keeping up with the evolving global developments. This literature review aims to add on the existing work of contending perspectives on the issues of dependency and economic development

This foreign aid is divided into two components: portfolio investment “is an investment made by an investor who is not involved in the management of a company” (Bloch, 1977: 19) and foreign direct investment “which allows an investor to exercise a certain degree of managerial control over a company” (Bloch, 1977: 19). A lot of research has been on the deliberation of foreign direct investment, but when does literature focus on PI? The focus on foreign aid has proliferated due to ever increasing hype of economic development in the international economy. It’s no secret that when one hears the term globalization, they think of interconnectedness, networks of communications, technological advancement and so on. This part of the review is concerned with violation of the Right to Privacy in Africa. With the wake of the globalization era, the world becomes a borderless pool where migration and trade flows characterise it. The issues of economic development and dependency in Africa affects many factors in politics, economics, social sciences and law. In South Africa, particularly, the Right to Privacy falls under chapter 14 of the RSA 1996 constitution and is held at a great prestige. Chapter 14 stipulates: “Everyone has a right to privacy” (1996: 4). Is everyone who adapts to globalization comfortable with the presence of MNC, biofuels and overpopulation? As part of the research carried out in this review, the methodology used to account for the objectives and questions was an interview that comprised of 2 main questions. 1. Are you comfortable with the openness and borderless world that exists? 2. Can Africa/South Africans survive independent of other countries? The questions were asked within the Honours in International Relations class of 2015, from the differing perspectives a pattern from the Classical Marxist, Liberalist and