International aid: How to encourage development in poor countries?

The poverty that is so widespread in developing countries, especially in sub-Saharan Africa, is one of our era’s greatest challenges. A billion people continue to survive on less than a dollar a day and 30,000 children die each day of diseases or malnutrition. Colonialism and slavery clearly left their mark, but how can they be held responsible for the extreme poverty of sub-Saharan Africa when places such as Hong Kong and Singapore prove that it is possible to achieve real economic miracles despite a colonial past?

Links of interest

Media Release: Foreign aid has not achieved its goals