Recently there have been appeals from eminent persons including Kofi Annan, Graca Machel, UN Secretary General Ban Ki Moon and several African leaders that the for G8 countries to make good on the promises of 'economic justice' made at the Gleneagles summit in 2005. To date Africa is facing a $40bn shortfall in promised Aid. This is against a backdrop of rising food and fuel prices and declining food production across the continent. Oxfam, a charity organization, estimates that 5 million African lives are at risk due to this shortfall. Given the consistent donor failures to deliver on Aid pledges, to what extent should Africa depend on and plan for Aid inflows?
Friday, June 20, 2008
FAILED PROMISES?
Recently there have been appeals from eminent persons including Kofi Annan, Graca Machel, UN Secretary General Ban Ki Moon and several African leaders that the for G8 countries to make good on the promises of 'economic justice' made at the Gleneagles summit in 2005. To date Africa is facing a $40bn shortfall in promised Aid. This is against a backdrop of rising food and fuel prices and declining food production across the continent. Oxfam, a charity organization, estimates that 5 million African lives are at risk due to this shortfall. Given the consistent donor failures to deliver on Aid pledges, to what extent should Africa depend on and plan for Aid inflows?
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