The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world.
Dambisa Moyo (2009). “Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa”, p.13, Macmillan