Does aid to Africa help Africans?

Geldof Humanitarian Gig | Marian L. Tupy and Michela Wrong | Cato Institute: Commentary: "Africa, however, would surely be better off if rich countries followed the much-lambasted Italian example and cut their aid budgets. Decades of academic research have failed to show a positive correlation between foreign aid and economic development. In Africa, the correlation between the two is negative. In addition to breeding corruption, aid acts as a disincentive to genuine political and economic reform."