ABC News: Documentary about Foreign Aid

ABC's John Stossel examines whether foreign aid has worked and the problems it causes. It takes an interesting look at why other emerging economies like China have overtaken Africa (May 13, 2006).

Category:

News & Politics

Tags:

• Dambisa
• Moyo
• Dead
• Aid
• Africa
• Economics
• Trade
• Capitalism
• ABC
• News
• John
• Stossel

[slickyR86]

The main problem is that money does not solve the problem. This is the prime example of teaching a man to fish, instead of giving him a fish. They need to have sustainable systems in place so that the poor can have a productive economy. Also the laws and constitution need to be reshuffled and rewritten in order to encourage and build a productive economy.

[Beniman88]

I would like that Bono and Jolie get send a copy of your book. Can you make that happen???

[ca1cifer]

Celebrities with good intentions makes so many harmful mistakes to the people they're trying to help! I just wish they could be more responsible and actually take the time to get educated.

[dex216sims]

African people will do better when the kleptomaniac leaders there are gone from power and people are allowed to keep what they work for. Foreign aid will never end poverty in Africa

[trop68]

Its poor countries that finance the rich countries and NOT the other way around as we like to belive.For every 1 doller we give in so called aid,100 dollers comes back to us in debt repayments of loans that we gave to dictators of these countries.Dictators that we supported and in some cases even installed.The people saw nothing of this money but now have to repay it.Its a myth that we give aid to poor countries.

[TheSlothook]

i really respect jeff sachs, Hes a very very intelligible person. Thats why im hesitant to trust stossel entirely on this, but the evidence looks pretty damning

[nphanlon1973]

Foreigh Aid equals foreign influence equals votes at U.N. etcThomas Sankara was right to abolish foreign aid dependence in Burkino Faso

[jachina]

wow this video is just an eye opening, 

[aynradd]

RaelAfrica [.] Org

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/\nd send the 'paternal' Colonizers of minds, peoples and natural resources home!

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\/\/@ke Up! Kama! \/\/@ke Up!

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Love.Truth.Intelligence.Non-Vi­olence

[Baron2yahoo]

well it might be different if the actual money from aid was actually given to the people and not the governments. Why do we send money overseas when we have poverty in our own country. Our values are mistaken and probably will continue to be. :( sigh

[desta60]

audit lol....guess we'll let this go on for another 50-60 years and see if it works with this "audit system" he speaks of...i'd think audits would have been done from the get go

[msquestionmark]

african people are intelligent and capable of trade. they don't need pity charity that goes to the corrupt kleptocracy. they need to be allowed to work for themselves.

this is eye-opening as to why africa is still so poor.