Category: Foreign Aid

UK taxpayers foot the bill for PR campaigns by foreign aid groups, says UK economic development think-tank

(October 20, 2009) Stimulus packages aside, the so-called “Great Recession” is forcing government leaders across the world to look for ways to cut back on the cost of public services. No sector, or service, will be spared they say. But Carl Mortishead, writing in The Times, reports there is one government office in the UK that—far from being forced to trim costs—will be given a larger budget: The Department for International Development (DfID), the British government’s foreign aid flagship.

Breaking the myth of aid. Dambisa Moyo’s remedies

(September 30, 2009) Aid, argues Dambisa Moyo, does not eradicate some of Africa’s first rank scourges such as civil wars and corruption. Quite the reverse: development aid encourages corruption and allows some regimes to stay in place artificially. Because of the significant amounts that aid invests, it triggers envy and can stir up ethnic tensions, which sometimes lead to civil wars.

More odious debts for the Democratic Republic of Congo if the World Bank gets its way

World Bank President Robert Zoellick is urging the Democratic Republic of Congo to pursue better governance as a way to entice more companies to build dams in the country. In his sights are the rehabilitation of the notoriously dysfunctional Inga 1 and 2 dams. But it’s projects like these that will create more odious debts for the country’s citizens.

Obama’s plan to override Congressional conditions for US funding of World Bank is overwhelmingly rejected by lawmakers

(July 17, 2009) President Obama recently received a harsh lesson from Congress after he decided to openly ignore some of the environmental, labour and transparency regulations attached to funds allocated for the  World Bank and IMF. Worse still for the President, the indictment came from both sides of the aisle—with 429-2 voting to negate the recent signing statement.

Why Are We Still Poor?

(July 6, 2009) Look at the woman in the photograph on the left and her surrounding carefully. Does she look like someone who has been given help by aid agencies like United States Agency for International Development (USAID), Danish International Development Agency (DANIDA), Canadian International Development Agency (CIDA), Swedish International Development Agency (SIDA), Oxfam, Action Aid, Christian Aid, World Vision, Adventist Development and Relief Agency (ADRA) and JICA?

Foreign Aid and Bad Government

(January 30, 2009) As Barack Obama’s presidency takes shape, many analysts are calling for a new approach to foreign aid. Iqbal Z. Quadir wrote an article in the Wall Street Journal calling on the Obama administration to stop pouring billions of dollars into state bureaucracies and instead, promote bottom-up entrepreneurship. This, he argues, would be far more effective in alleviating poverty and supporting democracies in the developing world than traditional forms of foreign aid.