The Trouble with Africa: Why Foreign Aid Isn't Working
It isn't the legacy of the slave trade or colonialism, or the supposed inequities of globalization and world trade, that are to blame for Africa's travails, argues this stimulating contrarian essay. The author insists that Africa's problems are largely of its own making, the product of dictatorial, kleptocratic governments; rampant corruption; economic policies that hobble agriculture, discourage private investment and strangle new businesses with red tape; and a cultural fatalism that inures Africans to misery. Calderisi draws on his experience as a World Bank official in Africa, peppering his analysis with personal anecdotes about Africa's callous, venal officialdom and misguided economic policies. He offers a muted defense of World Bank policies, but also decries Western "political correctness" in indulging Africa's dysfunctions and calls for a new tough-love approach to foreign aid. Assistance to most countries, he contends, should be cut in half and conditioned on thorough democratic reforms and strict oversight by Western donors; responsible governments—he lists Uganda, Ghana, Tanzania, Mozambique and Mali—should get a large increase in aid with few strings attached. Calderisi's focus on Africa's internal faults and his somewhat essentialist musings on the "African character" will stir controversy, but his cogent argument is an important addition to the conversation over Africa's future.(Mar. 9)Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.--This text refers to theHardcoveredition.