የኢትዮጵያ ህዝብ የጋራ ትግል ሸንጎ [ሸንጎ] ኦፊሴላዊ ድረ ገፅ

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Moral Hazards of the Aid Industry in Ethiopia

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 justice is overdue

Commentary by Aklog Birara (Dr.)

“Africa is treated as the dustbin of the world…To donate untested food and seed to Africa is not an act of kindness but an attempt to lure Africa into further dependency on foreign aid.”

Michel Chossudovsky “The Globalization of Poverty and the New World Order”

In October each year the Bretton Woods Institutions, the World Bank and the International Monetary Fund created in 1944 to reconstruct worn-torn Europe and the rest hold their meetings alternating between Washington and other countries. These meetings discuss and define global monetary and development policies that affect and often bind the global community regardless of economic and political status. I had the privilege of attending these meetings representing Ethiopia and as a Senior Member of the World Bank Group. My observation is that wealthy and powerful countries decide policies that help their own societies first.  As the only independent country in Africa, Ethiopia served as a founding member of numerous multilateral and UN and regional agencies and is recognized as a founding member of the Bretton Woods Institutions. Committed to multilateralism, Ethiopia served the world community (Korea, the Congo, for example) much longer than the vast majority of countries that were colonized at the time. It played a leading role in the formation of the Organization of  African Unity and its successor the African Union that it continues to host. Nevertheless, largely because of its poverty and technological backwardness, its influence in the Bretton Woods institutions is minimal; as is the influence of the rest of Sub-Saharan Africa. Poor and underdeveloped nations are by definition at a disadvantage in globalization. They are receivers rather than policy makers. So, why is Ethiopia preferred as the largest aid recipient in Africa today?.......... Readmore

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