[From article]
"In her book “Dead Aid,” Dambisa Moyo argues that benevolence is worse than useless for Africans. “Between 1970 and 1998, when aid flows to Africa were at their peak, poverty in Africa rose from 11% to a staggering 66%,” she said. “Aid has been, and continues to be, an unmitigated political, economic and humanitarian disaster for most parts of the developing world” — especially Africa, which is “shearing off. The rest of the world is going one direction, on one growth trajectory, and Africa is going completely in the opposite direction. And yet we sit around and discuss sending another $50 billion of aid? I mean, come on.”
[. . .]
in practical life being right is more important than anything else;"
http://www.nypost.com/p/news/opinion/books/the_gift_that_keeps_on_taking_XT92T4fqfVZ9mlgxe0R8FP
The gift that keeps on taking
Why benevolence can backfire
By KYLE SMITH
New York Post
Last Updated: 12:50 AM, August 21, 2011
Posted: 12:21 AM, August 21, 2011
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