Sub-Saharan Africa has been getting poorer for 30 years – Official
admin January 10th, 2010
Excuse the tabloid style headline on this post, but when an eminent academic economist produces evidence that, despite the influx of billions of dollars of aid – some of which, of course, flowed out just as quickly to Swiss bank accounts – sub-Saharan Africa has gone backwards over the period 1970-2000 it merits a ‘shock horror’ type of response.
Not that sub-Saharan Africa is alone amongst poor regions in getting poorer. Or that, here at Advance Aid, we are that surprised, pushing as we are the view that ‘Trade not Aid’ is the answer to getting real development moving in Africa.
The analysis has been carried out by Professor Sir Partha Dasgupta, Frank Ramsey Professor of Economics and Fellow of St John’s College, Cambridge and has been recently published in the Philosophical Transactions of the Royal Society under the title ‘Nature’s role in sustaining economic development’. Interested readers can download a copy of the full paper here. It’s well worth a read.
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