Thursday, June 07, 2007

No More Aid

An interesting interview with James Shikwati, an expert in Kenyan economics, in Der Speigel. He argues that if the West (Europe and the US) really want to alleviate suffering and improve economic conditions in Africa they should stop sending aid. All the aid does is promote a bloated and corrupt bureaucracy created to administer it, and destroy the local economy by undermining local farmers and manufacturers.


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