Throwing more good money after bad on “development” aid to Senegal
Tuesday, April 13, 2010
The Millennium Challenge Corporation has promised $540 million to Senegal, but how can this aid be trusted when the country’s ruling clique engage in this sort of appalling corruption?
Africa’s economies will only join other emerging markets on the path to prosperity once the arbitrary Rule of Man is replaced by transparent decision-making bound by a Rule of Law. That critical transition will never happen if aid continues to be thrown at utterly corrupt governments.
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Oxfam’s new report, released today, condemns the recent surge of criticism of development aid as “irresponsible”. The editorial note singles out International Policy N