Saturday, July 21, 2007

Teach a man to fish: Stop (?) the aid to Africa, part 2

But don't prevent him from fishing by cutting his line and squaring him in the balls once he gets a clue. Maybe some fairer trading from the wealthier nations would help (speaking of fishing, check this). Actually, the question mark is in the title because I can't believe that funding has gone beyond patchwork tokenism up to now, even if cumulatively large over time.
The article is properly dismissive of celebrity conceit not considering Africans as agents in the improvement of their lives. However, Jeffrey Sachs is lumped in with Madonna and Gwyneth Paltrow. His expertise shouldn't be regarded quite that askance -- note his coverage of
weather-linked bonds and co-op loans to buffer farmers' crop risk, a development that could use encouragement.
The news seems to be
getting better for sub-Saharan Africa: '04-'06 GDP growth at ~6%/yr, private capital inflow surpassing aid, elementary education expansion at twice the rate of Western experience; Nigeria's judiciary is starting to flex; and hopefully ideas like a charter establishing auditing standards for resource extraction and distribution will catch on.
For their part, wealthier citizens of the world can push their governments for fairer trade arrangements, and push companies to demand transparency from corrupt dictators in order to do business. There needs to be more noise about these points in the mainstream press.

1 comment:

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