Impact of Aid on African Development
Explore economic and humanitarian impacts of bilateral/multilateral aid in Africa, challenges in development, and potential alternatives for fostering growth. This study compares aid amounts to income growth and evaluates various investment strategies in African countries.
Impact of Aid on African Development
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Presentation Transcript
Geographic Question What are the economic and humanitarian impacts of bilateral/multilateral aid and what are potential impacts of alternative forms of development?
African countries with highest GDP per capita Latin American Developing Nations GDP African countries w/ the lowest GDP per capita
Big Aid=source of continued poverty • Economic Policies: • Micro investments • International bonds • Domestic bonds • Trade w/ other developing nations • Trade w/ African nations • Easy Remittances • Savings
PPP-based measures of gross fixed capital formation • Gross fixed capital formation: measure investment expenditures: purchases of equipment and construction services • *Africa lags far behind low investment efforts from nationals and foreign investors, high investment prices. African countries w/ higher investment rates: Gabon, Botswana, and Equatorial Guinea.
New Investors Chinese Investments Millennium Goal Cities in Africa
Oxfam, Development Gap, Friends of the Earth • Merge U.S. Agency for International Development (USAID) w/ State Department free-standing U.S. Agency for International Cooperation • USAIC • DAA: Development Assistance Administration • Sublevel for private NGO work • Staff regional offices to support local initiatives/priorities • Regional Office Responsibilities: • Invest in small producers • Support local aid organizations • Promote healthy families, education, environment • Keep DAA informed of local perspectives • Review all proposals of international aid packages for their area
Water Data Regular Distortion: Access to Safe Water
Small-Scale/Crisis Aid Chennai Marina beachIndonesian tsunami Dec. 2004 Water Filters
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