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Is Aid Responsible for Africa's Poverty? Moyo vs Naidoo 4 of 7

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Uploaded by on Sep 19, 2009

MO Lecture at UGent - IS AID RESPONSIBLE FOR AFRICA'S POVERTY?
With Dambisa Moyo and Kumi Naidoo
18 September, Vooruit - UGent - Belgium

4 of 7

Dambisa Moyo thinks that the solution to the problem is to end all aid to Africa,
since it only fuels corruption. A country that is depending on aid, will never
become mature. Corrupt governements can always count on new aid money,
because donors see some progress on the side of receivers, which they feel should
be rewarded. Otherwise, a new donor will be waiting in the wings to start and try
all over again.

Kumi Naidoo, on the contrary, says that much more aid is needed, even though it
should be invested in better ways. A European Union that keeps repeating how
concerned it is about poverty in the world, is not credible as long as it provides
more subsidy for every cow on its territory than what more than 2 billion people
can count on as a daily income and in the meantime destroys agriculture in poor
countries with that policy of subvention.

The lecture was organised by www.mo.be/molezing

Check www.imrd.ugent.be for more on Rural Development!

Matheus Zanella - Brazil

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