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Monday, June 11, 2007

To save Africa

Kenyan economist James Shikwati is interviewed by Der Spiegel. Upon mention of economic aid for Africa, he immediately responds "for God's sake, please just stop." He then goes on to describe the consequences to African farmers and tailors when donations of food and clothes arrive on their shores.

It's well known that decades of foreign aid haven't worked. I've often attributed that to the extensive corruption in Africa. Shikwati's interview highlights the basic economics that also contribute to this reality. Read the whole thing!

Via Instapundit.

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