The Macroeconomic Challenges Of Foreign Aid To Africa

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Man has always long sought a society where there is no poverty, disease or death. We as humans love to extend out a loving hand and a lot of us believe that it is the right thing to do to help struggling people and places. Recently there has been a considerable amount of attention given to countries in need of such help. The United States being the super power it is will be looked upon from weaker, less economically sound countries in desperate need for foreign aid. In 2014 the U.S spent about $46 Billion in funding towards humanitarian assistance and international development through out 183 countries, yet it seems like no matter how much money is given to help these developing countries, specifically in Africa, these countries as a whole …show more content…

In the article In the article it talks about how foreign aid is funding corrupt governments, and how outside money coming in doesn’t build wealth for these developing African countries, especially when public official are too busy embezzling money to take care of there own peoples well beings. This article is helpful by giving significant facts on how foreign aid is hurting, not helping developing African countries.
Gupta, Sanjeev, Robert Powell, and Yongzheng Yang. The Macroeconomic Challenges of Scaling up Aid to Africa: A Checklist for Practitioners. Washington, DC: International Monetary Fund, 2006. Print.

This book addresses major issues that these African countries are facing in todays society and shows solutions to them throughout the next decade and will help these African countries meet their millennium development goals. In the book they go over strategy papers that African Countries to reduce poverty rates, how to use higher aid flows more effectively, and to promote good governance and reduce corruption. This book is helpful by addressing real issues in African society and giving long-term solutions for these developing African countries.
IntelligenceSquared. "Aid to Africa Debate: William Easterly 4/14- Intelligence Squared U.S." YouTube. YouTube, 09 Dec. 2007. Web. 02 May

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