I agree with you Carl that the old Aid model can't do much help, but I just think the condition is quite ... funny.
Except AIDS, which in some point, still our of our control - I mean, we can't cure it. But things like Dets, like lack of food...How come these become problems?
Debts - just don't pay it.
Food - grow it
In some extent, I don't understand the condition. More or less, I think African countries should take some blame.
FDI can help the economy grow, but it can't save people from starvation. Just like...people could strength their body by taking vitamin pills, but can't live on it. FDI is vitamin pills for Africa.
Take China as a example, people spent more than 20 yrs to solve the living problems then the FDI started coming in and the economy was growning really fast after that. Africa could try another model, they may not need 20 yrs to do the preparation if the FDI is friendly enought, and wanted to help them to solve the living problem as well. But all capital is profit oriented. They are not Charity, therefore if they don't think they could make a profit, they will not invest.
I knew few people around did investment in Africa, but according to their feed back, the condition is quite tough.