These comments by Tanzanian economics professor Humphrey Moshi serve as quite an indictment of the wayward World Bank. When China — no stranger to poor practices itself — is your “saviour” from bad World Bank policies … The Daily News reports.
Aid is best spent in poor, well-governed countries. That isn’t where it goes.
This Economist piece doesn’t mince words: foreign aid, it says, “is a mess in almost every way”. Hard-won transparency in aid over the past decade has actually revealed “just how badly things are going”.
Red Cross raised half a billion dollars to help Haiti rebuild … six homes
Publicly it has celebrated its work but, in reality, the Red Cross has repeatedly failed on the ground in Haiti. An investigation reveals damning insider information that exposes the group’s dubious claims.
Aid in Haiti’s void
(January 17, 2014) Haiti’s post-earthquake disaster housing projects are either empty and looted, or taken over by squatters and people unaffected by the 2010 earthquake. Why? “There is a void…there is no authority there.”
A shrinking United Nations
(October 24, 2013) Moves by Stephen Harper and King Abdullah of Saudi Arabia have diminished the stature of the UN – and deservedly so.
African leaders tell Britain to end aid game
(September 3, 2010) A group of scholars and other leaders from across Africa call on the British public to end foreign aid handouts to the continent, writes Brady Yauch.
Mozambique typifies aid dilemma
(June 1, 2010) Questions about the effectiveness of aid have given rise to a lively debate. Conventional wisdom holds that it is still essential if Africa is to have any chance of reducing poverty. But some development economists dissent from this view, arguing that aid fosters dependency, encourages corruption and undermines the ability of Africans to manage their own economies.
To help Haiti, end foreign aid
(January 19, 2010) For Haiti, just about every conceivable aid scheme beyond immediate humanitarian relief will lead to more poverty, more corruption and less institutional capacity, says Bret Stephens, writing in the Wall Street Journal. After the immediate impact of the earthquake has passed, and the immediate relief efforts subside, “the arrival of the soldiers of do-goodness, each with his brilliant plan to save Haitians from themselves” will take root.
Africa: It’s tough love weaning Africa off aid
(January 16, 2010) Aid is an unmitigated, political and humanitarian disaster, declares Zambian economist Dambisa Moyo, in her book, "Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa." Hers is such a "tough love" prescription that the author has had to dodge a punch in Toronto, Canada, and has had tomatoes thrown at her elsewhere.
Dutch politician asks if aid really aids
(December 11, 2009) Arend Jan Boekestijn’s book deals a new blow to the position of development aid in the Dutch political landscape, which seemed unassailable until recently. For decades, the subject was taboo.
Africa: Foreign Aid Not Good for Region
(November 18, 2009) We must question foreign aid’s embedded, corrupting system that takes people who reside in resource-rich countries and makes them poor. Computer experts talk about malware—a short form for "malicious software" that infiltrates a computer without the owners’ informed consent. Foreign aid—like malware—harms a country’s operating system. The term "aid" in itself is corrupting. What is the justification for using such a term when Africans repay their debts, amounting to US$20 billion every year?
Foreign aid on the ropes
(November 16, 2009) The Canadian International Development Agency is effectively dysfunctional, lacking the ability to effectively and strategically deliver its $3-billion foreign aid budget, says a recent report by Canada’s auditor general, Sheila Fraser.
Getting Africa off its knees
(Jun 28, 2009) A recent article by Witney W. Schneidmanin in Newsweek provides an apt description of Dambisa Moyo’s vision for the African continent.
African leaders call for the DIY approach
(June 6, 2009) As the economic crisis continues to work its way across the globe, the plight of African countries has been used as a reason for increasing foreign aid to the developing world. But a new tone has taken root amongst lawmakers in Africa, with a number of African leaders saying its time for leaders across the continent to find ways to fix problems without relying so heavily on foreign aid.
Why aid to Africa must stop: Interview with Dambisa Moyo
(May 30, 2009) Born and raised in Zambia but educated at Oxford and Harvard, Dambisa Moyo was an uncommon face as a black woman in the world of high finance. Now, as she makes her way to Canada for a highly anticipated debate on Monday with Stephen Lewis and others at the Munk Debate on Foreign Aid, she spoke with the National Post about her ideas and the hazards of opposing the aid orthodoxy.