Another interesting snippet re international aid and Africa:
Tech Central Station – False Hope
“Thus, the international aid system has essentially served to reward policies that slow down development, whatever the initial intentions of its advocates. Under such circumstances, the implementation of the rule of law in Africa, necessary to wealth production, has been postponed indefinitely. Aid actually received by the poor is a very small compensation. If the cancelation of debt — which they could have paid off thanks to taxation — gives them a bit of breathing space, it won’t be through increasing subsidies to their governments that their living conditions will be improved.
Xavier Mera is associate researcher at the Molinari Economic Institute.”