Jim Roger's analysis of UN's 'aid'

Does aid help Africa at all?

We do know that stuff such as clothes are being sent to the continent. But, does it really help them at all?

Jim rogers mentioned that these shirt that are meant to be aid are being sold to the people in Africa instead. And, these will bring about few problems. One of them is, the clothes producers are not able to compete with these 'new sources/supply' which are being sold at a cheaper price.

The developed countries might have already understood this situation, but they might still choose to do nothing at all, since cutting this source of 'aid' would be deemed as a move that is not 'humane'. Also, the alternative solution of purchasing these clothes from the African producers would result in intense competition with its own manufacturers.(which seems to be a bad thing for them even though competition is often good for an industry to progress) and this is not viable to them.

All in all, even though the better solution is to import the clothes from Africa, the developed nations are not wiling to adopt this stand since it might 'hurt' its people instead.