While the United States is in the midst of reducing its foreign aid, China has been increasing its contributions. China has lent at least $110bn between 2009 and 2010 – more aid than all World Bank loans combined during that period. Furthermore, China is implementing that longer-term strategy that Obama said the US needs.The US aid machine has been prey to the latest fads in development thinking. In the 1970s, we built dams and displaced people; in the 1980s, we made nations “restructure” their economies by getting the government out of the economy; in the 1990s, we told them to “trade not aid”; and lately, we’ve been setting up little microfinance projects around the world. All that can be fine at a micro-level, but such efforts have made a small impact at bestand have been disastrous at their worst.Meanwhile, China has been building export-processing zones, ports, railways and other more growth- and job-friendly projects. What is more, China’s aid has far fewer strings attached than the US’s does, and is increasingly favored abroad as a result.
Det är väl sånt här som visar varför Kina ligger rätt bra till för närvarande. Och även om USA drar ner på sitt bistånd så lär man inte dra ner på de militära excesserna i Tredje världen - man kan ju skicka bomber i stället för bistånd! Båda verkar ju ha destruktiva verkningar!