Wednesday, October 18, 2006

Stop African Foreign Aid Now

There was a brilliant presentation today at the Cato Institute by Ugandan journalist Andrew Mwenda on how foreign aid is hurting Africa. Yes, billions of dollars in international loans and grants does not help poor Africans. Sounds wildly counterintuitive to Bono-philes, but Mwenda makes an extraordinarily compelling case.

See also Paul Theroux's excellent op-ed that appeared in The New York Times and in the (London) Sunday Times on "How Bono aid is making Africa sick."


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