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Does Aid Hurt Africa’s Entrepreneurs?
Fresh Inc.: “In an intriguing Q&A in the German magazine Der Spiegel, a young Kenyan economist makes the case that the steady flow of Western aid to Africa actually hurts countries there by propping up inefficient bureaucracies and undermining markets for homegrown food and locally made textiles.”
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Daniel on July 11th, 2005 4:06 pm
Very good interview, this one. I posted it on Metafilter and we had a lot of comments agreeing with this guy. I also do, by the way :)
Chuck on July 13th, 2005 1:31 pm
I would agree. Government aid likely gives the inept rulers of a nation the pretense of legitimacy because it lets them hand out money and buy influence. It continues the illusion that the government has a role in redistributing wealth instead of upholding the rule of law.
Business Opportunities Weblog on July 19th, 2005 7:43 pm
Tuesday Talkback #1
In response to Get Into Motion, Charlie Cook said: The best way to get your business up and running is to be able to explain what you do in one sentence in such a way that it prompts prospects to…
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