EthioPoint: Ethiopians Analysis | Research Articles

Moral Hazards of the Aid Industry in Ethiopia: justice is overdue Commentary

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Aklog Birara (Dr.)

Dr. Aklog Birara
Dr. Aklog Birara

“Africa is treated as the dustbin of the world…To donate untested food and seed to Africa is not an act of kindness but an attempt to lure Africa into further dependency on foreign aid.” Michel Chossudovsky “The Globalization of Poverty and the New World Order”
In October each year the Bretton Woods Institutions, the World Bank and the International Monetary Fund created in 1944 to reconstruct worn-torn Europe and the rest hold their meetings alternating between Washington and other countries. These meetings discuss and define global monetary and  development policies that affect and often bind the global community regardless of economic and  political status. I had the privilege of attending these meetings representing Ethiopia and as a Senior  Member of the World Bank Group.–– Read More—-