Africa and its Issues- Why Have We Ignored Africa? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Africa and its Issues- Why Have We Ignored Africa?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Dale Baker	1/17/2006 8:57:05 AM
	Read Replies (1) of 1267

Making Foreign Aid More Effective Tuesday, January 17, 2006; A16 The Jan. 3 editorial "Reforming Foreign Assistance" highlighted a half-century-old issue: how to make foreign aid more effective. My modest epiphany came a few years ago near Timbuktu, when I was visiting Tuareg villages with an aid official. I suddenly realized the absurdity of two foreigners with salaries of about $100,000 each driving to a poor village in an air-conditioned Land Cruiser to provide a $500 grant for the village to dig a well. Most economic development aid for the poor is expended on such overhead, and the poor get little -- except free advice and visits from "experts." Instead of hiring a $100,000 consultant and buying him a $50,000 vehicle, let's give that same money in $100 increments to 1,500 families near Timbuktu -- same cost, more benefit. One hundred dollars is a lot of money for such families, and some would use it wisely. LARRY THOMPSON Greensboro, N.C.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next