LESSWRONG
LW

168
Danp
3010
Message
Dialogue
Subscribe

Posts

Sorted by New

Wikitag Contributions

Comments

Sorted by
Newest
No posts to display.
No wikitag contributions to display.
Another Call to End Aid to Africa
Danp17y30

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.

Reply