(August 23, 2010) Behind Pakistan’s calls for aid funds to deal with the fallout from devastating floods are allegations that previous aid funds were diverted for other uses, writes Brady Yauch.
(Aug. 10) China has learned how to be both receiver and giver of foreign aid, writes Brady Yauch.
(July 28) The British public, writes Probe International, says it’s time the government consider cutting foreign aid.
(July 15, 2010) It is tempting to suggest that a country’s ability to prepare for disasters is a matter of money. But although wealth certainly matters, politics are more important.
(July 5) Writing in The National, Tom Hussain reports that international aid flowing into Pakistan is being abused, as the country suffers from extreme nepotism within its government and non-government organizations.
(July 2) Brady Yauch writes that Afghanistan is, once again, facing allegations of corruption.
(June 14, 2010) Britain has launched an inquiry into reports that millions of pounds of aid for education and the ‘Sarva Shiksha Abhiyan’, has disappeared into the depths of corruption without any benefit to the poor children the aid was intended for.
(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.
(April 27, 2010) Replacing foreign aid with tax revenues will promote a democratic society where political and economic leaders can be held accountable by their citizens. Not only should there be no taxation without representation, there will be no representation without taxation.
(April 15, 2010) The ‘Africa Development Indicators 2010’ report on ‘quiet corruption’ is one more example of the World Bank’s distractive politics. Distractive because it seeks, wittingly or unwittingly, to sidetrack issues that are fundamental to understanding the continuing poverty and underdevelopment of Africa. Distractive also because it seeks, probably consciously and purposely, to exonerate the World Bank from its own role in perpetuating Africa’s mal-development.
(April 7, 2010) According to Probe International, an independent advocacy group, foreign aid provides financially unsound countries with a crutch – and gives little incentive for reform as long as free money is flowing in from other parts of the world.
(April 5, 2010) The food aid industry is facing a number of scandals and criticisms that are providing fresh evidence that not only does food aid hurt Third World farmers, it is also a revenue source for corrupt politicians and terrorists.
(April 2, 2010) Billions of dollars in international financial aid do more harm than good on the African continent, economist and best-selling author Dambisa Moyo said in a lecture to students on Thursday. In the lecture, held in Filene Auditorium, Moyo argued that continued financial aid to African nations allows political leaders to ignore their responsibilities to the population in favor of appeals to potential donors.
(March 7, 2010) In the midst of the financial turmoil that rocked the international capital markets last year, the World Bank proudly announced a new $250 million "assistance package" for this country. A few months later a scandal erupted over why a similar amount of money was never accounted for on the government’s books.
(March 31, 2010) Yet if there is to be any hope of breaking the cycle of aid dependency that has haunted the impoverished nation, building up Haiti’s government to the point where it can manage its own affairs is critical. Unless that succeeds, de facto trusteeship, perhaps even direct responsibility for the country, could last for years.