Be sure to read the whole post but here is the conclusion.
More aid was never the solution to the problems of the developing world. But it was always an easy way out, because all you had to do was to send (in most cases) somebody else's money without worrying too much about the consequences. The act of charity was an end in itself. But poverty is not a problem, it's a symptom of a problem, that being lack of democracy, freedom, transparency and sensible economic policies - and more money, like giving dope to an addict, only serves to be exacerbates these conditions.
It's so much easier though to have a concert or an appeal for aid or debt forgiveness rather than for political and economic liberty. It's difficult to imagine Robbie Williams and U2 playing for regime change in country X, or Madonna and Sting performing on stage for economic reform in country Y and international trade liberalization. But these are the things that actually matter. And so our boys from the 42nd Infantry Division are now doing more for the cause of solving world's problems, than our boys from REM strutting the stage.
UPDATE
Similar thoughts here and here.
However, aid can do harm as well as good, and this truth is much harder to grasp or depict in a few simple, emotional images. The balance, in fact, is on the side of harm. Civil wars in Africa - in Somalia, Ethiopia and the Sudan, for example - have been kept going by food and medical assistance, which puts tremendous power in the hands of both governments and insurgents. In conditions of famine brought about by war, he who controls the distribution of food aid is king. [...] [Just look at Mugabe]
Why is Africa, alone of all the continents, poorer per capita now than 20, or even 40, years ago, despite the fact it has received something like $500 billion from the rich in that time? And why is it always hovering on the brink of chaos? The answers usually given are wrong.
And
'Sir,' wrote Mr HW Scott of Hemel Hempstead to the editor of the Daily Telegraph last week, 'Bob Geldof hopes to raise an army of a million protesters against world poverty. Instead of sending them to Scotland to lobby the G8, he would do better if he divided his troops into groups of, say, 50,000, and sent them to protest repeatedly in front of the London embassies of the countries everyone knows to be the worst offenders in failing to reduce poverty in their own countries.'
Before you dontate a penny, read all of them.
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