Thursday, 27 June 2002

G-8 proposes 'tighter focus' of aid to Africa "The G8 summit is expected to confirm details of a new framework agreement to ensure aid is more tightly focused on areas such as health and education" UK Evening Standard 5:42:25 PM    comment []

If the G-8 were serious about poverty "If the G-8 is serious about reducing global wealth disparities, particularly for Africa, members should start by focusing on their own hypocritical protectionist policies. Rich-country trade barriers cost poor countries an estimated $100 billion a year, or twice the total annual sum of foreign aid worldwide. Total rich-country farm subsidies are over $300 billion a year, or six times the total sum of annual foreign aid worldwide." Brink Lindsey, Cato Institute 5:35:54 PM    comment []