Odious Debts Blogs
Dambisa Moyo, author of Dead Aid, talks to the CBC about finding new and more innovative ways to help residents in the developing world. Moyo argues that the aid model of institutions such as the World Bank have helped to stifle economic growth in the developing world. read more » |
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Foreign aid is again in the spotlight after the recent G8 meeting in L’Aquila, Italy. One area that garnered particular attention from the media was the decision by G8 leaders to increase aid to Africa for food security and agricultural development to $20-billion—a 33% increase from the previously promised $15-billion. read more » |
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As the World Bank and the IMF drastically increase lending to countries in the developing world, local politicians are beginning to question the loans. The Conference of Nigeria Political Parties (CNNP) recently expressed outrage over the ruling People’s Democratic Party plan to obtain a $1-billion loan from the World Bank. read more » |
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