Rain Defeats Togo Business
Rain Defeats Togo BusinessPrevious Posts
Togo (your garden of eden) is 44 percent arable land, and among the top ten countries in the world in this category (Permanent crops less than 3 percent). Sure the population density is about twice the world average, but big deal, they are only 93th on a list of 230 countries in population density. You are the man on the ground Andy, and I get a sense that it's perfectly fine there, and not congested. That coupled with plentiful rain and warm weather, and you would think they'd have Maslow's physiological needs completely licked.
Maslow’s physiological needs summary:
* the need to breathe
* the need to drink water
* the need for sleep
* the need to regulate body temp
* the need to regulate homeostasis
* the need to eat
* the need to dispose of bodily wastes
So yeah a good question, why would anyone send money? Or better yet, why would the Togo authorities/people accept it in lieu of developing at their own leisurely pace? Apparently they have an abundant agricultural resource base (soil) to start from.
Interesting related snippets from Wikipedia:
“William Easterly is Professor of Economics at New York University, joint with Africa House, and Co-Director of NYU’s Development Research Institute. Easterly and others argue that aid can often distort incentives in poor countries in various harmful ways. Aid can also involve inflows of money to poor countries that have some similarities to inflows of money from natural resources that provoke the resource curse.”
Resource Curse link on Wikipedia:
Resource Curse or Paradox of Plenty
Eric