'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.
Sentiment: NEGATIVE
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.
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.
The most obvious criticism of aid is its links to rampant corruption. Aid flows destined to help the average African end up supporting bloated bureaucracies in the form of the poor-country governments and donor-funded non-governmental organizations.
There has long been a debate in the aid community and in Africa about how to most effectively help situations of poverty in developing nations and underprivileged communities.
A country that relies on aid? Death is better than that. It stops you from achieving your potential, just as colonialism did.
The culture of philanthropy is alive and very well in Africa. International aid strengthens and extends it, but in the communities where I have spent time, it is all-pervasive.
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.
The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment.
Rich countries have been sending aid to poor countries for the last 60 years. And, by and large, this has failed.
Despite the hundreds of non-governmental organizations and the continued outpouring of foreign aid, East Africa remains as a region overwhelmed by extreme poverty.
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