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Posts tagged ‘foreign aid’

Impact of Aid in Africa: Reflections on the Debate

Impact of Aid in Africa: Reflections on the Debate

Andrew Mwenda, speaking at TED Global 2007 in Arusha, on African aid. Photograph: Andrew Heavens for TED.com
In gauging the net impact foreign aid has had in Africa, speakers at Cambridge Union Society reframed the debate as the antithesis of aid-fuelled statism and home-grown entrepreneurship. By concentrating capital in government hands, foreign aid was said to crowd out the domestic private sector: “We don’t need aid, we have so many entrepreneurs, creative people,” Andrew Mwenda (more...)