Monday, October 19, 2009
INCREASE AID IMPORTANT BUT NOT SOLUTION TO OVERCOMING POVERTY IN AFRICA
It is logical that under the current global economic environment, it is important to support the most vulnerable countries of the world. However history has proven that african developmental problems can not and will never be settle by flooding africa with more aid: Africans need to exchange thier natural resourses with technology ensure effective management of aid, fight corruption, and be fully intergrated, and active actors in the global economic systems. African countries also need to create an atmospher suitable for internal and foreign invertment to keep thier economy growing. Employment and earning helps to translate economic growth into poverty reduction. however, to reduce poverty through employment, policies should focus on creating more high-earning jobs rather than merely creating more jobs that can not permit saving and investment
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