Why a collapse in aid doesn’t have to be bad for Africa
Monday, June 7, 2010
Signs that the looming collapse in government-to-government aid spending will actually help contribute to better circumstances in poorer countries. As we have written before, aid can actually lead to governments in poor countries delaying badly needed reform. Without budget support, maybe African governments will do what is in their own self-interest and begin to implement business friendly measures to encourage growth?