Are we just throwing money at Africa?
We've all heard the argument - apparently poor countries will not be able to use a sudden increase in aid and our money will be wasted in the hands of corrupt African leaders. Do we buy it? Well, research by both the UN and the World Bank (highlighted in a recent statement from Oxfam) show that this claim, made by rich governments, flies in the face of economic evidence. Poor countries can absorb more aid, and they need it right now. Cast your eyes over these figures... In 2002, the World Bank said poor countries needed an extra $30billion a year immediately, rising to $50billion in 2006. A UN report, written by 250 world experts, confirmed that poor countries could use $30billion a year now, and $100billion by 2010.
So, what do you think? For more info have a look at the Oxfam press releases, as well as a special G8 section on BBC news and 'Brown plays down G8 hopes' in The Guardian online. Post your thoughts below.
posted at 2:14 PM
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Comments:
GenerationWhy and Oxfam accept no responsibility for the content of comments in the Blog.
just because counttys can 'absorb' more aid doesn't stop people always saying that money goes to corrupt govements. why does't oxfam and everyone else publish a few proper examples of how much was spent in a country and what they spent it on so they can prove it doesn't go on corruption like people say.
By ,
July 05, 2005 3:15 PM
In the press release they mention Education: "Education is another clear example where several poor countries have already produced detailed, costed plans to get their children into primary school. In a scheme agreed by rich countries in 2002 known as the 'Fast Track Initiative', these plans have been approved by rich country governments and the World Bank but are still desperately under-funded."
By ,
July 05, 2005 4:01 PM
the most beautiful is jacques chirac lol!!!
By ,
July 13, 2005 11:20 PM
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