Quotes by David Sogge
who is aiding whom?
Submitted by antarchi on September 28, 2010 - 00:15Yearly average net transfers of financial resources to lower-income world regions 2000 - 2008
Africa (negative) -$50 billion
East and South Asia (negative) -$239 billion
Western Asia (negative) -$105 billion
Latin America & Caribbean (negative) -$65 billion
Transition Economies (mainly former East Bloc (negative) -$75 billion
Total (negative) -$534 billion
UN-DESA, 2010, World Economic Situation and Prospects 2010, New York: UN Department of Economic and Social Affairs, table III.1, p. 73. This compilation draws on data from IMF, World Economic Outlook Database, October 2009; and IMF, Balance of Payments Statistics. These are recorded flows; many illicit flows go unrecorded and are therefore not reflected here.
aid driven by politics
Submitted by antarchi on July 15, 2007 - 03:54Take sub-Saharan Africa. Since the late 1970s, major aid institutions... have called most of the shots in African economic policy and public investment. In no other region has the aid system held such commanding political and financial positions for so long...
Now according to World Bank researchers, the number of Africans living in extreme income poverty ($1 per day or less) in the two decades after 1981 nearly doubled from 164 to 316 million, or from 42 to 47 percent of the sub-Saharan population. Just above them, another 30 percent in 2001 occupied the $1 to $2 per day stratum at the edge of wretchedness. Yet even that grim total estimate of 77 percent is probably too optimistic; experts have disputed World Bank data as seriously understating poverty's true scope and depth.
