Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa (28 page)

North, Douglass
41

Norway
73

ODA (official aid)
25

Odinga, Raila
33

oil
17–18
,
48–9
,
82
,
105–6
,
108–9
,
120

oil crisis 1979
17–18

Olson, Mancur
41

Olympics 2008
108

Organization of Economic Cooperation and Development (OECD)
115

Oxfam
117

Pakistan
34
,
124

Pan-African Infrastructure Development Fund (PAIDF)
95

Paris Club of creditors
108

PEPFAR (AIDS Relief)
7

Peru
151

Peters Projection Map
121

Pew Report 2007
109

Philippines, the
135

PIMCO (bond investment organization)
91

Poland
8–6

Ponzi schemes
130

‘positive’ corruption
56
,
59
;
see also
corruption

Private Equity investments
4–5

programme aid
21

Protestantism
31

Przeworski, Adam
43

Raiffeisen, Friedrich
131

Rajan, Raghuram G.
142

Ramalho, Rita
101

Ramesh, Jairam
123

Reagan, Ronald
20
,
22

Reichel, R.
46

remittances
133–6

Resource Flows to Africa
(UN)
133

Revolutionary United Front (Sierra Leone)
59

Rodrik, Dani
34

Rosenstein-Rodan, Paul
39

Ruiz-Arranz, Marta
136

Russia
84
,
87
,
112

Rwanda
27
,
32
,
148

Sachs, Jeffrey
96–7

Sani Abacha, President
48

São Tomé and Principe
106

savings
137–40

Schulze-Delitzsch, Herman
131

Scottish Banks
139–40

Second Conference of Chinese and African Entrepreneurs
114

securitization
96

Sen, Amartya
42

Senegal
109–10

Short, Clare
56

Sierra Leone
59

Singapore
152

Singh, Manmohan
123

small/medium enterprises (SMEs)
125

social capital
58–9

Somalia
60
,
118
,
133

South Africa

abandoning foreign aid
144

and AGOA duty-free benefits
118

and bond issues
89
,
92–3

and credit league tables
82

1997 stock market fall
84

not reliant on aid
150

and PAIDF
95

remittances
133

setting an example
78

South Korea
45
,
82
,
87

Sovereign Wealth Funds
112

Spain
86

Spatafora, N.
133

stabilization programme
20

Standard & Poor’s rating agency
83
,
87–8

Standard Bank
106

sterilization
64–5

stock market liquidity
4

Structural Adjustment Facilities
20–21

Subramanian, Arvind
142

subsidies
115–16

Sudan
105–6
,
108
,
120

sugar production
116–17

Svensson, J.
39
,
52

Swaziland
5
,
106

Sweden
73

Tanzam Railway
103–4

Tanzania
26
,
56
,
97
,
103–4
,
110
,
124
,
131

taxation
52
,
66

Thailand
57

Thatcher, Margaret
20
,
67

Togo
94
,
116

Tokyo International Conference on African Development
112

Toxopeus, H.
136

trade
17
,
19–21
,
38–40
,
62
,
64
,
112
,
114
,
117–24

Transparency International
51
,
56
,
71

Turkey
93
,
112
,
117

Uganda

aid-fuelled corruption
53

and bonds
65
,
97

favourable view of China
109

and HIV–AIDS
71

improved economic growth
101

plunderers and despots
108

population
124

remittances
134

trade-oriented commodity-driven economy
146

UN Conference on Trade and Development (UNCTAD)
102

United Kingdom
108
,
120

United Nations Development Programme (UNDP)
25

United Nations Human Development Report
5

United States

and African Growth and Opportunity Act
118

aid history
12–17
,
40

bond comparisons
80

diplomatic ties with Zimbabwe
108

Energy Information Administration
103

Food For Peace budget
45

freer trade access for African countries
149

influence compared to China
109–10

and Malawi
56

public’s desire on aid
74

Soft Banks
139

and subsidies
115–16

trading partner status
119

2006 foreign aid
99–100

US Farm Security and Rural Investment Act 2005
115

USSR
14
,
19
,
24

Venezuela
86

venture capital (VC)
139

Wade, President Abdoulaye
149

Washington Consensus
21–2

Wealth and Poverty of Nations, The
(Landes)
33–4
,
147

Weber, Max
31

Weder, Beatrice
52

Wen Jibao
104
,
114

West African Economic and Monetary Union
88

What makes Democracies endure?
(Przeworski et al.)
43

White, Harry Dexter
11

World Bank

aggressive aid programmes
21

and aid diversion risk
39

aid history
11–13
,
16
,
17

aid to Nigeria
107

and Argentinian bonds
95–6

concessional loans
85

and corruption
52

debt relief programme
53–4

developing local bond markets
91–2

election of Justin Lin Yifu
153

and the GEMLOC Program
90

and governance reform
23

and international capital markets
92

leading aid donor
25

Operations Evaluation Department
55

and remittances
134–5

views on aid
50

World Trade Organization (WTO)
117

World Vision (charity)
7

Xu Jianxue
104–5

Yom Kippur War
15

Yunus, Muhammad
126

Zaire
see
Congo, Democratic Republic of

Zambeef
4

Zambia

aggressive privatization programme
21

Benguela railway
106

and Chinese business
104–5

and the Citizens Economic Empowerment Commission
111

economic ruin
47

first bond
89
,
93

and foreign mining investment
102

and the HIPC programme
53

and microfinance
128–9

population
124

primary sources of export revenue
71–2

share of SMEs
125

and the Tanzam Railway
103–4

trade-oriented commodity-driven economy
146

Zimbabwe
108
,
116
,
147

Zoellick, Robert
112

Zulus
33