A crash course in changing the world.
DIRECT INVESTMENT = REAL OPPORTUNITIES FOR WOMEN
Following the 6th Objective of Alchemy’s assignment I started a funding operation among my friends and family directed to help empower one girl or woman with better access to education or economic opportunity.
While talking to my people about the aim of the founding operation, I came acquainted that most of them were not able to understand the difference between giving money away for plain CHARITY to the third world and donating to support a DEVELOPMENT or EDUCATION project.
I thought it was important to make them understand the purpose of my mission and the money I intended to raise. I then introduced my contacts to this great person:
Her name is Dambisa Moyo, she was a Consultant for the World Bank, I think I would not be very wrong if I say that Mission 6 was designed on the basis of her approach of the problem.
Ms. Noyo's view is that economic aid offered by the developed world to African governments could be one of the reasons of the conspicuous corruption and poorness suffered by the continent.
Ms. Moyo wrote a book about this, the book highlights that instead of donating and lending founds to those corrupt governments, what Africa (applicable to all developing countries) should be getting is DIRECT INVESTMENT (as opposite to "plain aid") to fuel the internal economy and labour market.
Dambisa Moyo states that mechanisms should be established to finance development which actually constitutes economic growth without reliance on foreign aid or aid-related assistance.
For a start poor people have to know that they should stop depending on foreign aid, which should be eventually suppressed. This implies a countdown for NGO’s.........as they would have to disappear.
I would like everyone to think about it and cooperate with these ideas, because, if we play our roles effectively during the transition, the rate of disappearing NGO’s would be a good indicator of successful development.
After I shared this information I did not quite raise money; I simply gave my relatives and friends Kiva’s link and asked them to join and lend money to a any of these 38 projects which support Bolivian women seeking equal rights and opportunities.
At the end, I did not lend money to a project in Kiva, neither donated through Global Giving, because I have my own, more rewarding way of empowering women, if you are curious please check my post "Don’t
donate money if you know you can try harder"
While talking to my people about the aim of the founding operation, I came acquainted that most of them were not able to understand the difference between giving money away for plain CHARITY to the third world and donating to support a DEVELOPMENT or EDUCATION project.
I thought it was important to make them understand the purpose of my mission and the money I intended to raise. I then introduced my contacts to this great person:
Her name is Dambisa Moyo, she was a Consultant for the World Bank, I think I would not be very wrong if I say that Mission 6 was designed on the basis of her approach of the problem.
Ms. Noyo's view is that economic aid offered by the developed world to African governments could be one of the reasons of the conspicuous corruption and poorness suffered by the continent.
Ms. Moyo wrote a book about this, the book highlights that instead of donating and lending founds to those corrupt governments, what Africa (applicable to all developing countries) should be getting is DIRECT INVESTMENT (as opposite to "plain aid") to fuel the internal economy and labour market.
Dambisa Moyo states that mechanisms should be established to finance development which actually constitutes economic growth without reliance on foreign aid or aid-related assistance.
For a start poor people have to know that they should stop depending on foreign aid, which should be eventually suppressed. This implies a countdown for NGO’s.........as they would have to disappear.
I would like everyone to think about it and cooperate with these ideas, because, if we play our roles effectively during the transition, the rate of disappearing NGO’s would be a good indicator of successful development.
After I shared this information I did not quite raise money; I simply gave my relatives and friends Kiva’s link and asked them to join and lend money to a any of these 38 projects which support Bolivian women seeking equal rights and opportunities.
At the end, I did not lend money to a project in Kiva, neither donated through Global Giving, because I have my own, more rewarding way of empowering women, if you are curious please check my post "Don’t
donate money if you know you can try harder"
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Tags: ACT6, Africa, dead_aid, developing, direct_investment, economy, equal, giving, global
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