Friday, April 24, 2009

What he says and what he does

Many times I tried to sum up some of my ideas into well written points on how Africa can and cannot develop. Well apparently Mark Steyn beat me amply with this witty, ironic yet brilliantly written piece on what aid is and aid does...:

...A quarter-century ago at Live Aid, Bob Geldof stood on the stage of Wembley Stadium and bellowed at the developed world: “Give us yer fokkin’ money!” By the time of Live 8 in 2005, the message had evolved: the rockers were no longer demanding our money, only that we in turn beseech our governments to give more “aid” to Africa. In her new book, the Zambian economist (actually, more of an econo-babe) Dambisa Moyo takes aim at Sir Bob and Sir Bono beginning with the very title: Dead Aid. Government-to-government aid, says Miss Moyo, all but guarantees corruption and barbarism: a country that seeks private business investment will be accountable to the global markets; a country that raises public funds from taxes will be accountable to its own voters. But a government that gets “aid” from other governments is accountable to no one and nothing, and decades of easy money that make self-absorbed Western do-gooders feel swell about themselves have debauched the political culture of a continent. Which is why so much of the trillion dollars lavished on Africa since the earliest days of decolonization has wound up in this week’s president-for-life’s Swiss bank account while the conditions for domestic wealth generation improve not a whit...

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