The U.S. government stands to reap substantial benefits from launching an American development bank that could invest directly and without current constraints in entrepreneurs in some of the world's toughest economies.
Some though regard Nairobi as too soft. For them, DRC is 'the real Africa.' Aid workers fantasize about 'the real Africa'. According to this lexicon, 'real' is a synonym for 'bad' or 'hardship' or 'Darwinian'.
U.S. aid should be provided to Egypt on the basis of more rigorous standards of transparency and accountability. Americans and the Egyptian people need to know exactly how the aid is being used and who benefits from the aid.
Bolivia's expulsion of USAID this month is a troubling development on its own, but when viewed in the context of similar actions by other governments, it raises questions about the future of American foreign assistance in the face of authoritarianism.
The 2012 Transparency International Corruption Perceptions Index, published yesterday, finds Afghanistan at the absolute bottom, sharing this dismal place with North Korea and Somalia. There is a brutal message here for the architects of Western geo-political strategy.
Ironically, we threaten to cut aid to countries where the people who might get the food, medicine, school books and other aid, have absolutely no control or responsibility for the actions of their governments.