To Help? or To Hinder?
March 10, 2009 6:16 AM Subscribe
"The function of aid is not to make us feel better about ourselves; it is to promote development, and if a well-informed African tells us that we are inadvertently having the opposite effect, we had better take heed".Time to stop aid for Africa? An argument against.
Despite receiving more than $1 trillion from the west over the last half century, Africa remains in dire economic straits. Dambisa Moyo thinks aid is to blame and should stop now. Hence Capitalism for Africa. To reduce poverty and create jobs, Africa must become economically competitive.
Aid in itself will not ensure sustainable development. Improving Africa's competitiveness will. (previously).
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