Author: eddieturkson

Is Foreign Aid to developing Countries doing more harm than good? [Copy link] 中文

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seneca Post time: 2015-6-4 20:20
You have a long memory but do you also have a short one? Anything that happened in the 1980s, 19 ...

Oh yes.... these donors were so naive in the seventies so they provided heavy machinery, but now they saw the light. They start conflicts and supply obsolete weapons.

In the West nowadays, "foreign aid" is reserved in case a country is about to default on debt obligations. The tax payer then pays the bankers....
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Post time 2015-6-5 09:18:54 |Display all floors
eddieturkson Post time: 2015-6-4 16:14
Rightly said...."there is profit to be made in keeping people destitute". There is also there prob ...

Unless a poor country has gained food sovereignty it should not be allowed to gain access to the developed world markets. Any trade will be rigged to benefit the stronger economies to the detriment of the poor.

There are African countries with scarce water supplies trying to compete with European farmers in agricultural produce, further depleting their water reserves. The practice is criminal and should be abolished.

Moreover, once they start trading the developed world corporations will take advantage of the under-developed country's absence of regulations to dispose of their polluting waste on the cheap.
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