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  • Dambisa Moyo: Why aid is not working and how there is a better way for Africa

    9:27 pm on October 18, 2010 | 3 comments Permalink | Reply
    Tags: Africa, , , , , , ,

    I am so so unbe­liev­ably stockedex­cit­ed­hap­py­breath­lessi­nan­tic­i­pa­tion for this event. Seriously.

    I read her book, Dead Aid, when it first came out and it opened my eyes to a very dif­fer­ent per­spec­tive of aid, devel­op­ment and the finan­cial world. Her views are a chal­lenge and a strong vision on how to address the global poverty issue. Spread the word (and read the book!)

     
  • Half the Sky: Turning Oppression into Opportunity for Women Worldwide

    8:44 pm on October 11, 2010 | 2 comments Permalink | Reply
    Tags: Africa, , , , , , ,

    Women hold up half the sky — Chi­nese Proverb

    Real­ity is hard. It is a star­tling rev­e­la­tion at times often because we choose to sur­round our­selves with our view and expe­ri­ence of the world. This Thanks­giv­ing, I am reminded of real­ity when I sat down to read Half the Sky by Nicholas Kristof and Sheryl WuDunn. In Half the Sky, Kristof and WuDunn throw an inter­est­ing twist into the con­ven­tional view of plights of women around the world: by telling their sto­ries. From Cam­bo­dia to South Africa. From sex slaves to mater­nal health. By putting a name, emo­tion and pas­sion into the sto­ries. This ten­ta­tive foray into the realm of story-telling melds sur­pris­ing well with what is, essen­tially, a pas­sion­ate call to action against our generation’s most per­va­sive human rights vio­la­tion: the oppres­sion of women and girls worldwide.

    The open­ing of the book fol­lows the story of Srey Rath, a young Cam­bo­dian teenager, who was sold as a sex salve across the bor­ders, end­ing up in Kuala Lumpur, Malaysia where she endured rou­tine bru­tal­ity and con­stant humil­i­a­tion. It was a huge shock to my sys­tem, as Malaysia is some­place I call my home town…  to read in such vivid detail the human rights vio­la­tion done to Srey Rath was stun­ning in every sense.

    These sto­ries of human per­se­ver­ance, injus­tice and ulti­mately hope, just like Srey Rath, are woven into three main issues: sex traf­fick­ing and forced pros­ti­tu­tion; gender-based vio­lence e.g. honor killings and mass rape and mater­nal mor­tail­ity. Sub issues include edu­ca­tion, micro­cre­dit and reli­gion. The sto­ries in the book are shock­ing, but ulti­mately this is the cen­tral truth of the book: Women aren’t the prob­lem but the solu­tion. The plight of girls is no more a tragedy than an opportunity.

    It appears that more girls have been killed in the last fifty years, pre­cisely because they were girls, than men were killed in all bat­tles of the twen­ti­eth cen­tury. More girls are killed in this rou­tine “gen­der­cide” in any one decade than peo­ple were slaugh­tered in all the geno­cides of the twen­ti­eth century.

    In the nine­teenth cen­tury, the cen­tral moral chal­lenge was slav­ery. In the twen­ti­eth cen­tury, it was the bat­tle against total­i­tar­i­an­ism. We believe that in this cen­tury, the para­mount moral chal­lenge will be the strug­gle for gen­der equal­ity around the world. ”

    Through sto­ries, Kristof and WuDunn demon­strate how the key to eco­nomic progress lies in the fact that as a soci­ety, we need to stop ignor­ing women who hold up half the sky. Unleash­ing this incred­i­ble human poten­tial is not only the right thing to do in terms of our own shared human­ity, but also the best way to tackle poverty. They show how in vastly dif­fer­ent cir­cum­stances, the endurance of the human spirit and how a lit­tle help can go a long way e.g. the sim­ple act of iodiz­ing salt to improve a baby’s IQ.

    I won’t go into the details of the book because my sum­mary will not do these incred­i­ble sto­ries jus­tice. How­ever, on a per­sonal level, this book’s mes­sage has imprinted itself deeply within my beliefs in inter­na­tional devel­op­ment. After all, how many books make such a  state­ment about a mat­ter than con­cerns every­one because of our shared human­ity? The sto­ries of these women show me the resilience and amount of hope they have within them­selves who have every rea­son to give up but con­tinue on. It’s so mov­ing and inspi­ra­tional that I just want to shout it out loud and tell every­one about the issues Kristof and WuDunn have writ­ten about. If there is one thing that this book is about, it is the story of transformation.

    Rat­ing: 10/10

    If you think edu­ca­tion is expen­sive, try igno­rance.” — Derek Bok


     
  • Review: UBC iWeek Global Keynote Speaker- Paul Rusesabagina (Hotel Rwanda)

    3:20 pm on April 9, 2010 | 1 comments Permalink | Reply
    Tags: Africa, , , ,

    A cou­ple weeks ago, I attended a very inter­est­ing event, one that pro­voked two thoughts:

    1) There is always, always two sides of a story and

    2) We need to use resources around us — beyond what we have at hand in order to learn

    This event was in UBC as part of the Inter­na­tional Week celebrations:

    To pro­vide some back­ground: (Taken from event description)

    Mr. Paul Rus­esabag­ina was the man­ager of the Sabena Hôtel des Mille Collines, and shel­tered hun­dreds of Tut­sis and mod­er­ate Hutus peo­ple for a hun­dred days using all avail­able resources to him.  His coura­geous efforts thwarted bands of geno­ci­dal mili­tia while Rwanda descended into out­right geno­cide and civil war, and was cel­e­brated in the Hol­ly­wood movie pro­duc­tion, “Hotel Rwanda”.

    A recip­i­ent of numer­ous inter­na­tional awards, includ­ing the Wal­len­berg Medal and the Pres­i­den­tial Medal of Free­dom, Mr. Rus­esabag­ina is a pow­er­ful speaker with a story of hero­ism and human­ity in inhu­mane con­di­tions.  In addi­tion to his expe­ri­ences dur­ing and after the Rwan­dan geno­cide, Mr. Rus­esabag­ina will share his insights into the nature of the con­flict, the fail­ure of the West to stop it, and the chal­lenges of reconciliation.

    The event started out with a quick intro­duc­tion by Brian Sul­li­van and quickly pro­ceeded to Paul Rusesabagina’s speech itself. I won’t go into details of the speech, which was an account of his expe­ri­ences of the Rwan­dan geno­cide and what went down in Hotel Rwanda. It was incred­i­ble hear­ing his accounts first hand, but the real expe­ri­ence cam dur­ing the Q&A period. Prof. Michael Byers was the mod­er­a­tor for the session.

    Three things occured dur­ing the Q&A that took me com­pletely by surprise:

    1) There was a sub­stan­tial amount of peo­ple that are Rwan­dan geno­cide refugees that were present. I had no idea that event of this event man­aged to reach past the UBC com­mu­nity, which was impressive.

    2) The ques­tions regard­ing com­par­isons of South Africa and Rwanda’s econ­omy was very much unex­pected, con­sid­er­ing the dif­fer­ent polit­i­cal, cul­tural and eco­nomic con­di­tions of both countries.

    3) The response towards Paul Rusesabagina’s speech was cen­tered around his account­abil­ity and actions of Hotel Rwanda.

    Need­less to say, due to time con­straints, only 3–4 ques­tions were answered and the ses­sion ended. How­ever, sev­eral Rwan­dan com­mu­nity rep­re­sen­ta­tives spoke up on their ver­sion of Paul Rusesabagina’s actions, ques­tion­ing his motives, finan­cial account­abil­ity as well as alliances dur­ing the geno­cide. They had the Chan Cen­tre riv­eted with accounts of their per­sonal sto­ries of their sur­vival and encoun­ters with the military.

    I have been to numer­ous events at the Chan but this was the first one that I have ever expe­ri­enced such a strong out­come and dis­cus­sion after. Stu­dents were gath­er­ing out­side the Chan around these Rwan­dan geno­cide sur­vivors who were engag­ing in more per­sonal con­ver­sa­tion about their expe­ri­ences and there was buzz in the atmos­phere about new­found knowledge.

    My Main Take­away: Paul Rus­esabag­ina has been potrayed by Hol­ly­wood as a hero and revered for his coura­geous efforts dur­ing the geno­cide. How­ever, the dis­cus­sion at the Chan cen­ter which ques­tioned his alliances, finan­cial account­abil­ity, and actual self-preservation efforts. This  has made me realise that there are always two sides to a story, no mat­ter how well know one side is. It is our respon­si­bil­ity to always be aware of the other side.

    I leave you with a phe­nom­e­nal TED talk by Chi­ma­manda Adiechi telling the dan­ger of a sin­gle story. Because our lives and cul­tures are com­posed of many over­lap­ping stories, if we hear only a sin­gle story about another per­son or coun­try, we risk a crit­i­cal misunderstanding.

     
  • 10 ideas that are changing our world right now!

    4:24 pm on November 7, 2009 | 0 comments Permalink | Reply
    Tags: Africa, , , , ,

    As my time in the last month or so has been pre-dominantly con­sumed by prep­ping and par­tic­i­pat­ing in a busi­ness case com­pe­ti­tion in Texas, I found my read­ing list to be nar­rowed down to database/news/papers/reports on cur­rent mar­ket trends, the eco­nom­ics of emerg­ing mar­kets and [insert topic of case research here].

    What I did come across in my mean­der­ings across the inter­webs was this [recent-ish] issue of the TIME’s mag­a­zine, which high­lights “10 ideas that are chang­ing our world right now”. The com­piled list of ranged from issues in reli­gion to infra­struc­ture to the econ­omy, one of which I found to be of par­tic­u­lar inter­est to me.

    Africa: Open for Business

    The arti­cle high­lights that Africa has long been per­ceived as a con­ti­nent of where progress is irrel­e­vant regard­less of the efforts being done — for­eign aid, eco­nomic stim­u­lus, etc. Africa is essen­tially viewed as hope­less, and a $40 billion/yr for­eign indus­try has been built around that per­cep­tion to the point where peo­ple are start­ing to ques­tion whether aid is even doing any good at all. Thus, when the world’s econ­omy went into Def­con 5 last year, the $40 bil­lion indus­try started being called into ques­tion with debates and books being writ­ten that for­eign aid is bad, fuels cor­rup­tion, under­mines gov­ern­ments, unsus­tain­able and is  counter pro­duc­tive. (ie. Dead Aid — Dambisa Moyo, for­mer Gold­man Sachs and World Bank economist)

    Drilling down to the actual rel­e­vancy of aid and devel­op­ment, the arti­cle points out the obvi­ous fact that has been star­ing us in the face all this time. That through­out the noise of the aid indus­try, real­ity is that aid is no longer Africa’s main source of for­eign income. Yes, that’s right. Africa is now a busi­ness destination.

    So, I did some eco­nomic dig­ging and cam across some very inter­est­ing information.

    1) For­eign Direct Invest­ment (FDI)  inflows into Africa have improved tremen­dously in the last 6 years. From $14.6 bil­lion in 2002 to $53 bil­lion in 2007 (UNCTAD World Invest­ment Report, 2008). This trans­lates into a 263% growth rate over a 6 year period!

    Note: FDI refers to invest­ment in domes­tic struc­tures, equip­ment and orga­ni­za­tion by for­eign pri­vate sec­tors or gov­ern­ments. Does not include for­eign port­fo­lio invest­ment in a domes­tic econ­omy. FDI con­tributes to the eco­nomic per­for­mance of a host coun­try by: first,representing addi­tional resources which can be used to build addi­tional phys­i­cal cap­i­tal and cre­ate more employ­ment. Sec­ondly, increases a country’s out­put and pro­duc­tiv­ity by encour­ag­ing effi­cient use of exist­ing resources by increas­ing the size of the cap­i­tal stock. Over­all, FDI also improves local skills and tech­nol­ogy know-hows which trans­late into growth and development.

    The IMF puts Africa’s aver­age annual growth for 2004 to ’08 at more than 6% — bet­ter than any devel­oped econ­omy — and pre­dicts the con­ti­nent will buck the global reces­sion­ary trend to grow nearly 3.3% this year — Time Magazine

    2) The rea­son for an increase in FDI is an improve­ment in both eco­nomic and polit­i­cal con­di­tions on the continent.

    Eco­nomic Con­di­tions: The UNCTAD Report stated that not only has Africa’s econ­omy grown over 5%/yr since 2001, but cross bor­der M&A’s in the extrac­tion and related ser­vice indus­tries of Africa has tripled. Com­bined with the fact that the high prices and demand for resources like oil has attracted invest­ments from both devel­oped and devel­op­ing coun­tries. An inter­est­ing fact to note is that because Africa’s econ­omy is rel­a­tively dis­placed from the global econ­omy, it is actu­ally to their advan­tage dur­ing the cur­rent eco­nomic cri­sis, that they have been rel­a­tively unaffected.

    Per­haps the most attrac­tive ele­ment of the improv­ing African eco­nomic con­di­tion is the very fact that China has devel­oped a healthy inter­est in the continent.

    While the old super­pow­ers still ago­nize over Africa’s poverty, the new one is cap­ti­vated by its riches. Trade between Africa and China has grown an aver­age of 30% in the past decade, top­ping $106 bil­lion last year. — Time Magazine

    The Chi­nese has changed the psy­cho­log­i­cal approach on Africa. They enter the con­ti­nent to trade, not to pro­vide aid. In her book, Dead Aid, Dambisa Moyo pointed out that those who still needs con­vinc­ing about Africa should ask them­selves if they are con­vinced about China, “because if you back China, you’re back­ing Africa.”

    Polit­i­cal Con­di­tions: The turn of the new mil­len­nium has brought about a wave of peace, with a rapid decline in civil wars and con­flicts. Democ­racy is up, trade is improv­ing, infla­tion is declin­ing and growth is hap­pen­ing. Yes Africa still has its Zim­bab­wes, Dar­furs and Con­gos, but the truth of the mat­ter is, the con­ti­nent is trend­ing towards a more peace­ful and demo­c­ra­tic region as a pow­er­ful con­sen­sus is emerg­ing across Africa for good gov­er­nance and as nearly all African coun­tries have been involved in some type of polit­i­cal and insti­tu­tional change.

    This is reflected by the fact that bet­ter gov­er­nance means bet­ter stan­dards of liv­ing, infra­struc­ture, edu­ca­tion and although most Africans are not mid­dle class, most are also not liv­ing in extreme poverty.

    The per­cent­age of Africans liv­ing on $1.25 a day or less dropped from 59% to 51% from 1996 to 2005 and has decreased fur­ther since — World Bank

    For those who are curi­ous, the full list is:

    1. Jobs are the new Assets

    2. Recy­cling the Suburbs

    3. The New Calvinism

    4. Rein­stat­ing the Interstate

    5. Amor­tal­ity

    6. Africa, Busi­ness Destination

    7. Rent-A-County

    8. BioBanks

    9. Sur­vival Stores

    10. Eco­log­i­cal Intelligence

    The TIMES’s arti­cle can be found here

     
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