Why Foreign Aid Is Hurting Africa Essay

1023 Words Apr 2nd, 2013 5 Pages
Benefield, Alicia
February 14, 2013
INR3932-03
Paper 1

Why Foreign Aid is Hurting Africa

In this article Dambisa Moyo, is arguing that money, in the form of aid given to African nations has not only trapped many of these nations in debt, but has started a cycle of corruption as well as slowed down economic growth and poverty. To solve this isuue Moyo suggests cutting off the flow of aid to these African nations. Many developed countries will gladly give aid to Africa, these countries do not give small donations they donate by the millions. This continued donation of aid has only been putting Africa further in debt. What many do not realize is that aid is not given to Africa freely, the African nations receiving aid must pay this
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This is a huge inequality African citizens are not even close to being equal to the technology avaliable to American citizens. Another concept this article discussed is development, Africa has been trying to become a developed nation for years and after receiveing billions in aid this country has yet to become a developed nation. The contry remaing in poverty is mainly because if the international aid system. This system continues to allow African nations to receive donations without the country even showing any signs of growth or development. This continuous acceptance of aid is keeping African nations in poverty. '
I agree with the author of this article in all of the arguments he gave on why foreign aid is hurting Africa. Developed countries are continously give large donations to the country year after year and there is no progress being made. However, I do not fault Africa for this lack of progress, they are only doing what any nation in their situation would do. They are continuously being given money and not required to put the money towards efforts to achieve economic growth, they know that the aid is not going to stop being donated so it is in their best interest to remain in a state of poverty and continue receiving aid. The countries donating to Africa are not providing the country with opportunitites to become a pro-market governnment because they are donating goods for free and

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