The United Nations recently requested for the largest amount of aid ever in the face of the spreading economic crisis, the secretary general's argument was that the developing world needs the money now more than ever. Ironically, the last decade has seen developing countries (especially in Africa) expand at rates not seen since the 1960s. Aid inflows were surpassed by repatriations as the biggest source of foreign cash inflows. Although the amounts of aid money today is greater than ever before, was this the cause of the recent African success stories? Is Aid truly the key?
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