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Nik Gill

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Can first world countries spend their overseas aid budgets more effectively?

On March 20th 2013, Great Britain's government firmly backed a legislation that would ensure that 0.7% (~£11 Billion) of Gross National Income will be spent on Overseas Aid.

With many skeptics feeling that this money is often wasted or better spent in more important areas, how would you like to see this money spent to change the perception that International Aid isn't effective?

Myself and Maddy Nash would love to hear your thoughts!

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  • Apr 10 2013: Yesterday my teacher in anthropology class said that because people at the IMF and UN are political they emphasize high cost visible solutions. As Westerners they emphasize free market values and rules placed on loans such as where to buy with said loans. The result a landscape littered with complex broken down machinery and equipment. Say a guy comes along with a very affordable bicycle powered irrigation system they reject it, instead they sell tractors the people don't have processed gasoline or parts when it breaks down, bicycle easy to repair, tractor complex.
    Simultaneously you have to say what is Cadbury doing what about DeBeers, Firestone. The companies that owned countries through commodities, forced capital taxes, and are still buying the commodities. The landscapes changed now I think Russia flooded the diamond market somehow, free trade coffee movement sprang up, I hear Firestone gave a more favorable contract to Liberia when Obama was elected.
    One thing mentioned in class I think it was South East South America used to produce a lot more food than it does now could we invest along with Brazil, Portugal, Spain, IMF, UN to restore that maybe save Brazilian rain-forest. Part of what scares me about TED's move to city mentality is it seems Monsanto reliant.

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