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Aid to Africa September 26, 2007

Posted by Sharath Rao in economics, geo-politics.

A hard-hitting speech from Ugandan journalist with his thesis asking people to

…to look beyond the media’s stories of poverty, civil war and helplessness and see the opportunities for creating wealth and happiness throughout the continent. Most important, he says, the solution to Africa’s problems is not more aid.

My favorite phrase from the speech – “cartel of good intentions”. Much beauty there. And pray, why does Uganda with a population about one-twentieth that of India’s achieve with 333 members of parliament !

Another journalist, similar sentiments here.

To be sure, there is no consensus on what really works for economic growth and does not. But of course, there is the other question of whether consensus (either way) isn’t rather over-rated in such issues.



1. Ravi - September 26, 2007

there is economic unfreedom, consequentially political unfreedom and so social unfreedom! in such cases, the economy stays restricted until a capitalist surges to break these unfreedoms…

2. Sharath Rao - September 26, 2007

amen šŸ™‚ …and alongside that we also need huge investment in education/human capital

3. Ravi - September 27, 2007

yeaaa!! You read that haven’t you “Development as freedom”

4. Deepak - September 28, 2007

speaking about africa you might want to see a similar response here


Read under the leading I love Lagos

5. Sharath Rao - October 1, 2007

@Ravi – thats from Sen I guess ..havent read that …

@Deepak – man, I had completely forgotten about Spectrum – thats free reading rite ?

6. deepak krishnan - October 1, 2007

sharath, how can a techie trical engineer forget spectrum? šŸ˜›

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