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ResurrectionSong
Thursday, June 16, 2005The Questionable Value of HandoutsA few days ago, I wrote an exceptionally long post about debt relief for Africa. Being some 1800 plus words in length it was, of course, soundly ignored by all.
That’s not my point, though. My point is that in it I questioned whether freeing the poor African nations from their debt servicing would actually result in money being directed at health, infrastructure, education, and food. This report from IRIN serves to underline my point rather nicely.
To be sure, the President of Malawi should have a car. But he probably doesn’t really need a car that costs more than half a million dollars. Expect an increase in purchases like this, brand new presidential palaces, and a smattering of self-named football stadiums in the near future. Just sayin’. Page 1 of 1 pages
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