The first cafe of the year was one of the most interesting ones I’ve been too. I enjoyed Professor Nicolas van de Walle’s discussion at the start of how we ended up at our current policy about foreign aid to Africa. It was surprising to hear about all the failed approaches. From an economic statement, the approaches that had failed in previous decades all seem very sound. From adding capital to the country to spur growth of new businesses, helping fund large public projects, and finally trying to create a base of educated professionals. All these ideas have great merit.
Walle hit on what he believes is hindering the economic growth of different African states. Widespread corruption among government officials. I agree with him that such an atmosphere isn’t beneficial to growth. People are less likely to take risks if they think that the field is tilted against them.
One success story that was discussed was Ethiopia, and the reason given was the strong government leadership that helped remove a lot of corruption. This hits on Walle’s point that he believes the correct path is to displace bad leadership. This is, of course, easier said than done as it has been shown time and time again that outside forces changing a country’s leadership rarely lead to positive results. In the end, the changes must come from inside the country from bold leadership and a sense of national unity. This leaves the USA, and the rest of the world, with a murky policy on how to speed up Africa’s development.