Danp comments on Another Call to End Aid to Africa - Less Wrong

8 [deleted] 03 April 2009 06:55PM

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Comment author: Danp 04 April 2009 01:14:36AM 2 points [-]

No, no, no. What about the crushing external debt? The service payments vastly exceeds the aid which is very meager and in many cases just money laundering for politically connected elites in the originating country. There are MANY cases were aid increased living standards significantly, Japans aid to Korea and the USSR to Cuba, which of course fell sharply when it got cut of suddenly.

Unconditional Charity like Oxfam etc. is almost a joke when averaged over the whole continent an utter pittance.