Aid to Africa: Too Much of a Good Thing?
Adrian Wood, Financial Times | September 4, 2008
Many countries in Africa suffer from a stifling dependence on foreign aid and actually receive more money in aid than they do collecting taxes. ++ This imbalance is detrimental to the citizens as the government is more concerned with the interests of the aid donors than its own people. ++ Donors should, therefore, limit their aid to no more than 50 percent of what a government can collect in tax revenue. ++ Ending this aid dependence will increase government accountability and bring the needs of the citizens to the fore.
