Re: africa
Easy there...a difference of opinion can be voiced without calling others a miser.
@ sightless: the problem is twofold: there has to be a general change of mentality among those who are in responsible positions in Africa, and the debt should indeed for a large part be cancelled. Read a bit into it: the African Union is not just simply asking for more money: it's also about the ditribution of the money. The whole NEPAD plan is about making aid more effective, partly by reducing the burden on the payment balance, partly by encouraging transparent and responsible government, and partly by ecouraring the initiative in the African countries themselves: 'Demand based aid' it's called. Don't just give aid, but direct it to specified area's & projects, bypassing the government as a financial channel (and thus avoiding the skimming of fundings).
A 3rd side of the story is trade: NEPAD is also aiming for fairer trade tariffs. At this moment for example, every single cow in the Netherlans is subsidized with ?350 early. In the poorest regions, that can feed an African family for a whole year. It will be hard for agrarian sectors in Europe, Asia and the US, but fair trade & production means those subsidies have to go.
Furthermore, the tariffs that have been annulled are mostly those on non-competitive goods: goods that do not compete with regionally produced goods. How lame is that...So the rest of the tariff walls will have to go too.
Africa should primarily invest in 4 sectors: Health Care, Education (healthy and educated workforce, capable of making advancements in technology), infrastructure on all levels (roads, phone lines, internet etc), industry (work towards a technologically competitive industry for the export and the local market).
No matter how hard it sounds...these are IMO the prime conditions for economical growth, prolongued political stability and technological advancement. At the same time, a growing economy and political stability also are the conditions in which foreign investment is attracted: that would lead to a connection to the global market and an influx of foreign capital, which will enhance the position of those countries on the global market.
That is why the African Union is also hammering on free trade: it could help African countries to get the hard foreign currency which is so sorely needed to acquire equipment or services from abroad.
Fuck, I'already hafway my damn thesis here...that's all for now folks :wink: