For­eign aid has failed to erad­i­cate poverty - Kalu

Daily Trust - - NEWS - By Ifah Ele Sun­day

For­eign aid has not en­sured poverty erad­i­ca­tion and the de­vel­op­ment of coun­tries in Sub-Sa­ha­ran Africa, Prof Ken­neth Kalu of the De­part­ment of Global Man­age­ment, Ry­er­son Univer­sity, Toronto has said.

Prof Kalu in his re­search dis­cov­ered that over the last fifty years, Sub-Sa­ha­ran coun­tries have re­ceived more for­eign aid than any re­gion of the world. The coun­tries are An­gola, Chad, Camer­oun, Equa­to­rial Guinea, Demo­cratic Repub­lic of Congo and Nige­ria.

“The current regime of for­eign aid, which fo­cuses on send­ing money and other ma­te­ri­als to African coun­tries, does not have the ca­pac­ity to pro­duce de­vel­op­ment and erad­i­cate poverty. For­eign aid can only soothe the pains of poverty but can­not re­duce poverty lev­els sig­nif­i­cantly,” he said.

Kalu said the most ap­pro­pri­ate way to fight poverty is to tar­get the root causes of poverty rather than treat­ing its symp­toms.

In his book “For­eign Aid and the Fu­ture of Africa” he said the big­gest chal­lenge to Africa’s de­vel­op­ment is the na­ture of po­lit­i­cal and economic in­sti­tu­tion preva­lent in the re­gion. He said for de­vel­op­ment to take place, we must “change the ori­en­ta­tion, phi­los­o­phy and mind­set of gov­ern­ment of­fi­cials and in­sti­tu­tions”.

He said donors should in­vest more in build­ing last­ing in­sti­tu­tions that would out­live them, say­ing “De­vel­op­ment can only be achieved through con­scious na­tional de­vel­op­ment pro­grams and giv­ing ev­ery cit­i­zen ir­re­spec­tive of tribe, eth­nic­ity, or re­li­gion the op­por­tu­nity to con­trib­ute to de­vel­op­ment.”

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