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MAX BOOT HAS GREAT INSIGHTS ON ENDING POVERTY IN AFRICA. It’s not a matter of giving African nations more billions—we’re already doing that:
The solution being promoted by Live 8 is simple: Send beaucoup bucks. The anti-poverty campaigners are grouchy because the wealthy world spends only 0.25% of its gross national income on aid — a mere $76.8 billion last year. They want to nearly triple that, to 0.7% of GNI.
The United States, in particular, is castigated for its stingy development budget — only 0.16% of GNI. This obscures the fact that, in absolute terms, the U.S. government spends far more on foreign aid ($19 billion last year) than any other nation. And that’s only a small part of our total contribution. Thanks in part to our lower tax rates, Americans give far more to charity than do Europeans. If you include private-sector donations, the Hudson Institute finds, U.S. foreign aid totals $81 billion, or 0.68% of GNI — close to the U.N. Millennium Development Goals. And that’s not counting the billions the U.S. spends to subsidize global security or the billions more it sends abroad as investment capital.
By any measure, the U.S. is extraordinarily generous, and President Bush is making us more generous still. He has already tripled development aid to Africa and plans to double it again.
it’s a matter of the economic policies of the impoverished nations:
In the last 50 years, $2.3 trillion has been spent to help poor countries. Yet Africans’ income and life expectancy have gone down, not up, during that period, while South Korea, Singapore and other Asian nations that received little if any assistance have moved from African-level poverty to European-level prosperity thanks to their superior economic policies.
Misgovernment is oppressing these nations by robbing them rather than implementing the kinds of economic policies that have worked elsewhere:
Africans continue to be tormented not by the G-8, as anti-poverty campaigners imply, but by their own politicos, including Sudanese President Omar Hassan Ahmed Bashir, who is abetting genocide in Darfur, and Zimbabwean President Robert Mugabe, who is turning his once-prosperous country into a famine-plagued basket case. Unless it’s linked to specific “good governance” benchmarks (as with the new U.S. Millennium Challenge Account), more aid risks subsidizing dysfunctional regimes.
Read the whole thing—the last paragraph’s the kicker.