Friday, July 08, 2005

An African economist wants to stop foreign aid to Africa

Spiegel:

The Kenyan economics expert James Shikwati, 35, says that aid to Africa does more harm than good. The avid proponent of globalization spoke with SPIEGEL about the disastrous effects of Western development policy in Africa, corrupt rulers, and the tendency to overstate the AIDS problem.

Here is how Shikwati thinks African poverty should be fought:

Shikwati: If they really want to fight poverty, they should completely halt development aid and give Africa the opportunity to ensure its own survival. Currently, Africa is like a child that immediately cries for its babysitter when something goes wrong. Africa should stand on its own two feet.

The Folk Song Army Sings Africa

What rocks is capitalism... yeah, yeah, yeah

Is aid the problem, not the solution?

Writing off the debt

Whip that money into a virtuous circle and make debt an asset

1 Comments:

At 12:09 PM, Anonymous Noah said...

It will not succeed as a matter of fact, that is what I consider.
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