Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-21-Speech-2-198"
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"en.20100921.15.2-198"2
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"The present report is actually quite balanced, but I have voted against it, nonetheless. Even though the report is balanced, it is based on the premise that if we just continue giving ever more money and aid to Africa, especially sub-Saharan Africa, then this continent will eventually receive this aid. That might be the politically correct thing to say, but I fear that it does not reflect the reality.
When we look at how many funds we have invested in sub-Saharan Africa since the 1940s, we can see that we are talking about many hundreds of billions of dollars or euros, and the result today is only more poverty and more misery. I think that we should continue to develop emergency aid and that, in other respects, we should systematically cut back on such long-term assistance.
Above all, we must ensure that we discourage systematic capital flight from North Africa to the rich countries. The illegal flight of capital over the past forty years amounts to some USD 1.8 trillion! You cannot begin to imagine what we could do for sub-Saharan Africa with those funds."@en1
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