AS I SEE IT
Tuesday, August 07, 2007
He added other more relevant and necessary development issues on the continent: Aid alone would not end poverty; it is vital that Africa leads its own development process; peace and security, development, human rights and the rule of law were crucial for pulling Africa out of the quagmire of poverty and wars; to stop conflicts in many spots on the continent, including Northern Uganda and Darfur.
Obviously aid alone cannot end poverty. Aid induces dependency, blunts initiative, stalls innovation and substitutes self-reliance. It promotes indolence in body and mind. When a country depends on foreign aid, it ipso facto relies on foreigners to think policy, manage economy, gear and align national development to alien's national self-interest. Perhaps what Africa needs more today, is foreign technology. We do not have to invent the wheel, when the wheel has long been invented. Technology can be acquired through FDI; if it is not availed through this channel due to sluggish FDI inflow, it can always be obtained through the backdoor - on the black-market or through other means.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...