3.2 Debt and aid

Advanced Human Geography option 3.2
Zambia: a Case Study of LEDC Aid and Debt

An opening sentence for the case study: Zambia is typical of an ex-colonial LEDC which has a history of debt problems and is a Highly Indebted Poor Country (HIPC), a case that illustrates many of the difficulties associated with inequalities in world trade, aid and debt.





World Economic and Social Survey

The United Nations’ annual analysis of the world economy and emerging policy issues. Reviews major developments in trade and discusses the net transfer of financial resources of developing countries. http://www.un.org/esa/policy/wess/index.html

The Issue of World Poverty

18 January 2016  A new OXFAM Report says that the world’s 62 richest people own the same as the poorest half of the entire world population.  The poorest half of the world’s population are now poorer than they were before and the concentration of massive wealth in the hands of fewer people is holding back world development, argues Oxfam in this report.

See also the Credit Suisse Global Wealth Databook 2015

International Aid (p.413 in your book)

Introductory video from Oxfam:

Does aid work?  What are the issues around aid in the 21st century?

Oxfam report 21st Century Aid: download here

The following lecture “Africa and the Curse of Foreign Aid” by the Uganda journalist Andrew Mwenda was given at Yale University in 2010 and is an excellent analysis of the problems of aid in African countries. He explains that aid has traditionally been modelled on the Marshall Plan for Europe (after WWII) but African agrarian economies do not benefit from aid in the same way that European industrialised countries benefited from the Marshall Plan aid package in the 1940s and 1950s.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s