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”.
Nigeria doesn’t need bailouts; it needs to change its governance. Lawrence Solomon reports for the National Post.
Last week’s anti-corruption summit ignored how western governments and international financial institutions fuel corruption through foreign aid, writes USA Today contributor James Bovard.
An international survey finds Ghanaians have more confidence in outside agencies and companies operating within the country, than their own government. Ghana Pulse reports.
Most of Ireland’s foreign aid budget goes to just seven African countries. The Irish Independent asks why is there little debate over whether these funds are going where they should, following high-profile […]
New research provides more evidence that foreign aid undermines good governance.
Thousands of Haitians continue to live in tent camps five years on after a deadly earthquake brought an already struggling nation to its knees. This update by Jacob Kushner for the GlobalPost gets at the core of the country’s ongoing struggle for stability despite donor aid in the billions: as long as Haiti remains without property rights, the rule of law and a constitutional government, chaos will hobble recovery.
The September 2014 issue of the monthly current affairs magazine, Africa in Fact, offers a dramatic snapshot of the all-embracing and, at times, astonishing ways in which the cancer of corruption impacts societies, diverting resources from much-needed public services, ranging from health care to national defence, into private pockets.
A recent study by Harvard and Yale economists asks a question few in the aid community ask, after finding that food aid prolongs civil conflict and supports rebel groups by feeding them or providing them with goods that can be traded for arms or other services.
(May 27, 2014) Aid agencies are coming to realize that foreign aid itself may undermine democracy.
(April 14, 2014) A pledge by the World Bank’s new President Jim Yong Kim to increase spending will produce the same bad results that have plagued the Bank for decades.
(February 6, 2014) Somaliland – the, unrecognized, self-declared state north of war-torn Somalia – attributes a lack of foreign aid to its success.
(January 7, 2014) British foreign aid money is being used to prop up some of the most corrupt countries in the world.
(December 9, 2013) Travel writer and novelist Paul Theroux believes that decades of foreign aid to Africa has hampered the continent’s development.
(November 5, 2013) A Zimbabwe-based newspaper says greater accountability and transparency will help the country’s struggling economy, not foreign aid.
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