Official development assistance has been criticised by several economists for being an inappropriate way of helping poor countries.
Aid leads to a chronic dependency on donors. Because poor countries are dependent on donor handouts they fail to prioritise the generation of domestic resources. This creates a chronic dependency on aid, stifles creativity and undermines the dignity of a country.
A country, used to receiving official development assistance, may be perpetually bound to depend on handouts.
Let's also ask ourselves another question. Just how did Seychelles become so seriously dependent on handouts?
Yes, of course poor governance, poor leadership and corruption contributed to this.
An entire nation and system that is focused on solutions to their problems that rely on external monetary assistance is a mindset that stifles ingenuity.
People cannot achieve self-determination, if their most basic human right is controlled and determined by others.
A New Year on the horizon but same old crap from James Michel.