Please stop the aid!
I’m blogging from the Public Library because of work being done at home today, so blogging will be sporadic. However, here’s a must-read:
My friend Maria sent me this provocative Der Speigel interview with Kenyan economist James Shikwati titled, “For God’s Sake, Please Stop the Aid!”. Mr. Shikwati explains,
Shikwati: Such intentions have been damaging our continent for the past 40 years. If the industrial nations really want to help the Africans, they should finally terminate this awful aid. The countries that have collected the most development aid are also the ones that are in the worst shape. Despite the billions that have poured in to Africa, the continent remains poor.
SPIEGEL: Do you have an explanation for this paradox?
Shikwati: Huge bureaucracies are financed (with the aid money), corruption and complacency are promoted, Africans are taught to be beggars and not to be independent. In addition, development aid weakens the local markets everywhere and dampens the spirit of entrepreneurship that we so desperately need. As absurd as it may sound: Development aid is one of the reasons for Africa’s problems. If the West were to cancel these payments, normal Africans wouldn’t even notice. Only the functionaries would be hard hit. Which is why they maintain that the world would stop turning without this development aid
Don’t miss the rest — Mr. Shikwati has a lot to say.