Failing to Deliver; Aid to Africa  

Oleh:

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 395 no. 8684 (May 2010), page 50.
Topik: Foreign Aid; Economic Development; International Lending; International Relations; Developing Countries--LDCs

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.63 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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In 2005 the governments of the G7 club of rich countries promised with much fanfare to raise their combined aid to sub-Saharan Africa. But they are dismally failing to do so. According to ONE, a London-based lobby, aid would have to rise from its 2004 level of $18 billion to $40 billion by the end of this year for those promises to be kept. But they look set to miss that goal by a mile. At the end of last year they were collectively only 44% of the way towards hitting the 2010 target. Even if the rich countries fulfil this year's plans, they will have provided only 61% of the increase promised in 2005. he governments of the G7 club of rich countries promised with much fanfare to raise their combined aid to sub-Saharan Africa. But they are dismally failing to do so. According to ONE, a London-based lobby, aid would have to rise from its 2004 level of $18 billion to $40 billion by the end of this year for those promises to be kept. But they look set to miss that goal by a mile. At the end of last year they were collectively only 44% of the way towards hitting the 2010 target. Even if the rich countries fulfil this year's plans, they will have provided only 61% of the increase promised in 2005. In any event, ensuring that governments stick to their promises in terms of the amount of aid dished out may often miss the point and make it easier to avoid examining whether the aid, in cash or projects, has actually helped development or economic growth.

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