Quote

Aid can work where there is good governance, and usually fails where governments are unable or unwilling to commit aid to improve the lives of their people.

Poor countries are poor because they are wasting their resources.

The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world.

Of course, aid is only one small part of international development. Some of the greatest benefits to the world's poorest can be achieved through policy changes by developed countries.

Toward the middle and end of the Fifties, West European countries became somewhat more important as providers of aid to underdeveloped countries. It was partly due to the prodding of the United States that these countries, as they regained economic viability, should shoulder their share of the aid burden.

If you neglect those who are currently poor and stable, you may create more poor and unstable people. There has been a tremendous concentration of donor interest in countries that are seen as particularly fragile - but it becomes harder to mobilise money for sub-Saharan, plain poor countries.

Of the 22 industrialized nations of the world, we're dead last in per capita giving to poor people.

Foreign aid is neither a failure nor a panacea. It is, instead, an important tool of American policy that can serve the interests of the United States and the world if wisely administered.

'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.

During the Cold War, the U.S. instituted a policy of sending money to governments in poor countries to buy their political loyalty. While studies show that sending aid to foreign governments creates allegiance, it does not lead to economic progress.