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Aid and debt relief won't help Africa
IPN Opinion article
Sending billions in aid to Africa is like pouring water "into leaky bowls," says the head of an African pro-market think-tank.
"It is laughable to assume that just writing off poor country debts will stop the inefficiency and corruption," said Franklin Cudjoe, head of Ghana-based Imani, who argues that aid bolsters corrupt governments. Forgiving debts just frees up more money for inefficient pet projects aimed at political popularity, he maintains.
Europe finds you can be too careful
IPN Opinion article
This article examines Europe's precautionary approach to regulation. IPN director Julian Morris, author of Rethinking Risk and the Precautionary Principle, argues that
""The fact that if you applied the precautionary principle to itself it would self-destruct means that it will be replaced by more rational ways of evaluating risk".
Economic growth saves lives
IPN Opinion article
This week's tsunami tragedy in Asia has the world's attention - but every week in 2005, over 120,000 people will die from the side effects of poverty. All of these deaths, and many caused by the tsunami, could be prevented but for the anti-growth, anti-technology policies of many governments. Sadly, such policies are also promoted by western environmental groups, to the benefit of no one today nor anyone in the future.
The Business of Protesting
IPN Opinion article
Antiglobalization protests have become a big business that involves millions of dollars, trans-national organizations and a global agenda. Don't be too surprised. Even Greenpeace -- a global enterprise with offices in London, Buenos Aires, Washington and Tokyo -- has a chief financial officer these days. Indeed, the antiglobalization movement seems like corporate dystopia, a mirror image of the business world complete with trade associations, venture capitalists, management recruiting and marketing campaigns. Instead of selling T-shirts or toothpaste, the agitators are selling limits on cross-border trade.
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