Tuesday, November 10, 2009

Reading Material - Unit 4



Why can't countries use aid money responsibly? We are often taught to think that the reason is corrupt governments, who siphon away this money into their Swiss bank accounts.

While corruption is a serious problem in many countries, India's case is interesting - the country is actually sitting on a large amount of aid money that has yet to be spent! India Today has published a very interesting article that highlights some of the problems the country faces in effectively allocating the international aid it receives. This is a result of the country's excessive red tape (too many rules and regulations, and slow implementation), which reminds us that corruption is not the only obstacle to proper utilisation of donor's funds.

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