We must breed tigers in Africa
http://www.guardian.co.uk/comment/story/0,3604,1513271,00.html
Standard remedies based on debt and aid won't help - the example of
east and south-east Asia is the way forward
Matthew Lockwood
Friday June 24, 2005
The Guardian
Surely they can't all be wrong. More than 450 organisations in the Make
Poverty History coalition, Gordon Brown, Tony Blair, Coldplay, Bono,
economist-to-the-stars Jeffrey Sachs - everyone, it seems, apart from
the US administration is calling for a doubling of aid and 100% debt
relief for Africa.
Yet we have been here before. In 1981 the OAU and the World Bank called
for a doubling of development assistance to Africa. In the following
years, aid to the region duly increased by 130%, but incomes fell and
poverty increased during a "lost decade". This is not the standard
Afro-pessimist argument that more help for the continent is a wasted
effort. There is a robust body of evidence that aid has brought some
economic growth, even in Africa. But the record of the 1980s and since
serves as a reminder that aid alone does not work well enough to bring
about the economic transformation desperately needed for a rapid end to
African poverty.
Matthew Lockwood
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