Friday, May 29, 2009
By Marian L. Tupy, Financial Times
Aid activists such as Jeffrey Sachs patronise us in Africa when he assumes that the competitive mindset is demonstrably lacking on the continent. To wit, Africans are so dumb they can’t compette in the global marketplace. "Globalisation tends to be seen as a threat and seldom as an opportunity. Local politicians fret about competition from China and Bangladesh. Non-governmental organisations caution against liberalisation lest Africans be taken advantage of by unscrupulous westerners. Musicians and movie stars urge aid, not reform, as a solution to poverty."
Read this insightful piece in the Financial Times by our friend, Marian Tupy . The article can be found here…