Introduction
• The PPT shall cover the following points:
• The Need of Economic Aid in Africa
• The Role of such Aids
• The Positives of Grants from major developed economies
• The negatives of the same
• An analysis and discussion on the pivotal point of –
whether Aids are Good or Bad
Africa’s Economic Crisis and the Problems it faces
• The incomes of households on a general basis is low.
Many countries of Africa are Malnutrition-ed to the extent of depending on food
and grants from others (Whiteside, 2010)
• The Poor Production is another reason that makes them
poorer and leads to further unemployment
• Continuous stagnation has caused the morale and
attitudes of the people go down and thus killed the fighting spirits in them.
• HIV Aids is rampant in Eastern and Southern Africa depleting
the manpower and draining the Plummeted resources.
• With 130 million people leading a poor life
in rural areas with maximum countries having an average annual per capita
income numbered to less than US$400, this country is in need of funds to uplift
its level of living (the OECD, 2016)
• Rural poverty
leads to limited availability cultivable land and the unfortunate effect
of droughts and floods, poor transport,
horrendous infrastructure, widespread illiteracy, weak government, poor
association of economy, and the lack of manpower or youth, leaves the major
dependence on Aids as a way of life (Easterly, 2003).
What factors make Africa a vulnerable Continent, in need
of Aids to sustain life.
• Africa depends on prosperous nations for support.
Whether or not these aids are really required depends on factors like the
economy, the associated social structures, which further shapes the attitudes
and general way of living. Here are a few reasons Africa needs Aids.
The Benefits of Aids
• Aids makes Education possible for and lifts the
workforce standards of Africa.
• It makes land and resources available for rural
farming and production processes.
• Aids can lead to decreased stigma, and boost morale
and skills of local community members and increased levels of motivation.
• Africa has gained infrastructural set ups of the day
like roads, medical centers and institutions, hospitals, financial
institutions, banks, and flourishing industries which render output that
further goes into developing yet other aspects of the economy (Brautigam,
n.d.).
• It can make the Government more answerable and thus
responsible.
• It can help fight medical illnesses and tough floods
and famines. HIV is a crippling condition among Africans and Grants and Aids
from other countries can give life saving benefits to such ill people
(Brautigam, n.d.).
• It can add to domestic incomes, the standard of
living, and mental peace of households, and thus let people be more involved
and productive in turn.
Types of Foreign Economic Aids
• Private forms of foreign direct investment which is
undertaken by MNCs/ TNCs- FDI
• Public and private development assistance which
Donor Countries undertake
• Project or specific Programme Aids which NGOs
undertake
• Commodity Aid
that is in the form of Capital Goods like food, raw materials, etc.
• Foreign aid may flow-in in the form of goods,
capital, technical and infrastructure assistance, etc., or even military
support.
More Strategic Intentions and Purposes of Aids from
Powerful Nations
• Major Powers which grant Aids to Africa are China and
the US. THE main form of Grants and Aids they provide is called ODA (Official
Developmental Assistance) (Moyo, 2009)
• The purpose behind the grants, in addition to the
moral mission, is analyzed as Influencing People And Befriending them For Political Power
• Public Diplomacy and Community Politics (Egendorf,
2005)
• National Security and Power over the Aided Country
• Innumerous African Orphans could add to instability on
pivotal continents like the US. Thus these Powerful forces act to tame the
manpower and keep energies channelized.
The Negative Effects of Economic Aids in Africa
• Sometimes these Aids are used negatively. The negative
effects in the radical times, seem to outnumber the positives.
• The rate of corruption has gone up in African nations
(Forbes.com, 2016).
• The leaders are not ideally perfect and do end up
enjoying themselves and buying luxury for their families.
• The donor country does even dictate the recipient
country as to how to use the funds; the purpose of which could be specific. In
such a case Africa will continue to struggle to develop its identity and might.
• Dependence on aids form influencers like China and the
US can
have a passive effect on the total infrastructure, and mainly on the
attitudes of the inhabitants of the continent if the funds are not directed at
educating and empowering them which is currently the case in Africa (Bjornskov,
2013).
The Negative Effects of Aids in Africa (Cont..d…)
• Leaders do not appropriately fructify the grants due
to their selfish ambitions. Corruption increases, misappropriation of funds
occurs.
• The International Monetary fund is mishandled to lead to
many woes.
• In Ghana for instance, the poor remain poor and the
rich become richer. Giving good money to a unworthy government and unhoned
people make the situation worse (Miller, 2009).
• Last of all, aids tend to pacify the nationals and in
all ways manipulate the donor nation to follow their will.
• For example, Ghana and Uganda had to turn down the
aids at an instance when they refused to accept homosexuality as legal in their
respective countries (Haugen, 2008).
Certain Views on The Role of Aids in an Economy
• As per records prepared by the World Bank in 1998, all
Assessing Aid is somewhat beneficial and raises the aided economies
(Globalissues.org, 2016).
• An M'hite Paper
which the British Department propagated on the topic of International
Development argued in 2000, in a paper similar to the Burnside and Dollar
paper, by saying, “any grant assistance can alleviate poverty in countries in
case the government is sound and working on firm policies (Miller, 2009).“
• The Canadian International Development Agency in
September 2002 laid down that “there is good evidence to establish that a sound
policy environment determines aid effectiveness to the maximum extents (Haugen,
2008)."
• In this same spirit, the president of the World Bank,
James Wolfensohn, gave a speech shortly before the
Certain Views on The Role of Aids in an Economy
(Cont…d….)
Monterrey Conference wherein
there were facts cited as per the aid community.
• Wolfensohn, World Bank (2002) : “As per observations,
corruption and ill policies, selfish and inefficient governance does affect aid
negatively. (Moyo, 2009) "
• As the Monterrey conference ensued, President George
W. talked on similar lines, and stated on March 14, 2002 : The US would
contribute a $5 billion plus to foreign aids. This is an increase of 50
percent.
How African Government is cutting down the efficiency
of the Aids Received…
• Lack of Accountability of the African Government is an
issue. There are many NGOs working there and are funded by foreign Aid but the
target they focus on is very limited.
• Educated youth are busy dancing on the streets to Hip
Hop. There is real need of educating them. The Government needs to focus on
Infrastructure, studies, health and security (Egendorf, 2005).
• Government is not far-sighted but concentrates on Aids
for natural calamities and poverty relief.
• Leaders are corrupt within the African Government; so
laid back that a celebrity becoming a leader is quite possibility (Egendorf,
2005).
• No productive uses, like Investment and saving leaves
the continent needy forever.
• Inflation absorbs a lot of financial inflow. (DAMBISA
MOYO, A Zambian Economist)
Incidence of how Foreign Aid is Hurting Africa
• Kiberia is the largest Slum in Africa
• It has been receiving grants in huge figures yet data
records that the growth and development has been negative (Moyo, 2009)
• Kibera is located at the headquarters of the United
Nations' agency which rolls out millions of Dollars for aiding human
settlements. Yet here houses have Aluminium and cardboard roofs.
• Alms to Africa is a welcome concept, but this case of
Kiberia raises doubt and the problem stays undiagnosed. Government has no
answer as to why so (Moyo, 2009)
• Aids are failing to develop women’s life in slum
areas; in fact the gender inequality is rising.
• Kiberia is a clear indication of the situation of
Corruption and unaccountability of the African Government.
Incidence of how Foreign Aid is Hurting Africa
• Kiberia is the largest Slum in Africa
• It has been receiving grants in huge figures yet data
records that the growth and development has been negative (Moyo, 2009)
• Kibera is located at the headquarters of the United
Nations' agency which rolls out millions of Dollars for aiding human
settlements. Yet here houses have Aluminium and cardboard roofs.
• Alms to Africa is a welcome concept, but this case of
Kiberia raises doubt and the problem stays undiagnosed. Government has no
answer as to why so (Moyo, 2009)
• Aids are failing to develop women’s life in slum
areas; in fact the gender inequality is rising.
• Kiberia is a clear indication of the situation of
Corruption and unaccountability of the African Government.
Conclusion
• Aids are a basic help for the people of Africa struck
hugely by Poverty, Health Issues and a Passive Lifestyle
• The Aids that are received are probably not directed
to the problem areas
• The Economic Grants are Misappropriated by the
Government
• The Aids, more than strengthening the country as a
stable Nation in Future is crippling and
making it dependent (Bjornskov, 2013)
• The Grants are also giving rise to corruption,
Despondency, Manipulation and Lack of education and caliber
For more help in assignments, contact us at:
http://australianassignmenthelp.com
No comments:
Post a Comment