There is this post "Why Aid Is Not Working and How There Is a Better Way for Africa"
by Dambisa Moyo, which can be read in this thread:
http://oneworldtalk.freeforums.org/dead-aid-in-africa-another-perspective-t2657.htmlIn a debate held on June 1st, 2009, in Toronto, Canada, Dambisa Moyo and Hernando de Soto debated Paul Collier and Stephen Lewis. The topic was:
Quote:
"Be it resolved foreign aid does more harm than good.". The debaters are: Dambisa Moyo, anti-foreign aid advocate and author of Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa; Hernando de Soto, author of The Mystery of Capital and a leading advocate for the use of property rights to increase living standards in the developing world; Paul Collier, Director for the Centre for the Study of African Economies at Oxford University and author of The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It; and Stephen Lewis, Professor in Global Health at McMaster University and former UN Special Envoy for HIV/AIDS in Africa. His best-selling book, Race Against Time, comprised the 2005 CBC Massey Lectures and was a finalist for the Writers' Trust Award and the Trillium Book Award.
Drs. Collier and Lewis are both proponents of foreign aid to Africa and deeply involved in that continent.
The debate which is about 2 hours long can be viewed with these links:
http://www.munkdebates.com/http://www.munkdebates.com/membership_tickets/stream.cfm This debate is indeed worth watching if you want to understand the dynamics of foreign aid especially to Africa and other third world nations.
Foreign aid was once defined by a Hungarian economist as:
"MONEY FROM THE POOR OF RICH COUNTRIES TO THE RICH OF POOR COUNTRIES"What do you think?
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