Friday, June 05, 2009

Foreign aid does more harm than good

Dambisa Moyo argues that aid has actually stopped development in Africa by enforcing dependency rather than creating space for bottom up wealth creation and development.

This is a an argument that is growing in force, and seems increasingly to be coming from Africans - not politicians but economists, entrepreneurs and business leaders. It would be good to know what the African churches are thinking about this? Many are tied by aid apron strings to their Western parent denominations, but an increasing number of indigenous African churches are kicking free of Western ties (although many seem to be creating new ties, especially to the more odious ends of the American health, wealth and prosperity heresies).

I think this is a new debate that needs to be had - the old models are simply not working any more (if they ever truly did). We need new thinking if we are going to eliminate global poverty.

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