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West facilitates corruption in Africa

Discussion in 'Jukwaa la Siasa' started by tzjamani, Mar 17, 2011.

  1. tzjamani

    tzjamani JF-Expert Member

    Mar 17, 2011
    Joined: Oct 9, 2010
    Messages: 997
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    CNN-- Industrialized countries have been enabling corruption in Africa by providing crooked officials with a haven for their money, according to Nobel economics laureate Joseph Stiglitz.

    The former World Bank chief economist, one of the few economists to foresee the global financial crisis, was among the speakers at this year's Global Poverty Summit, held in Johannesburg.

    Speaking to CNN's Robyn Curnow, Stiglitz expressed optimism about Africa's economic prospects, but he said there should be more discussion about undisclosed bank accounts in the West that are used to facilitate high-level fraud in Africa.

    "The advanced industrial countries have some responsibility," said Stiglitz. "One of the things that's on a standard form is for corrupt dictators to steal money and put it in a bank account in an advanced industrial country.

    West 'facilitates corruption in Africa' says top economist - CNN.com#

    My take:
    Dr. Slaa (CHADEMA) has long time declared to fight corruption in Tanzania. Are they getting or will they get any support from Western to fight corruption in Tanzania?