Emelia Oulman Professor Skrobacki Globalization Aid is Counterproductive Outline January 4th 2017 Giving Aid to Developing Countries is Counterproductive to its Goal Aid and development programs are counterproductive as it hinders the economic growth of developing countries and establishes their dependency upon developed ones leading to exploitation not wealth Forms of aid primarily used are multilateral aid meaning more than one contributor and bilateral aid meaning aid from a single country Debt forgiveness is another form which focuses on erasing debt in hopes to bring a country's government and its people out of poverty Wolfensohn quoted in World Bank 2002e argued that we have learned that corruption bad policies and weak governance will make aid ineffective Essentially the counterproductive nature of aid and development programs are inherent even dating back to when people said it thrived From the 1970 s to the 90 s bilateral aid dominated and multilateral aid was steady in the late 70 s However the Cold War aid era influenced aid flows after The collapse of the Soviet Union sparked aid flows to drop and in 1997 aid had decreased by 22 percent Kharas Homi In 2007 the Country Programmable Aid CPA was created Today a wedge has developed between the CPA and Official Development Assistance ODA CPA is a portion of aid that a provider can program for single countries partner countries have a larger voice with one another ignoring the intention of a need based program Rather than the concept of ODA the CPA models as a closer proxy of aid that is sent to partner countries Sub Saharan Africa has been collateral damage of the large wedge between the ODA and CPA statistics show that when focused on Africa aid has shown little increase within the past 2 years despite it s claims Kharas Homi In 2002 the G8 committed to doubling aid by 2010 Since the Monterrey conference aid has risen by more than 50 percent Ironically economic growth of the MENA region has not
