Editing Dependency theory (section)

=== History of aid dependence ===
International development aid became widely popularized post World-War Two due to first-world countries trying to create a more open economy as well as [[Cold War|cold war]] competition.<ref>Williams, David; "The History of International Development Aid". Page 2.</ref> In 1970, the [[United Nations]] agreed on 0.7% of [[Gross national income|Gross National Income]] per country as the target for how much should be dedicated for international aid.<ref>{{Cite web|url=http://www.oecd.org/dac/stats/the07odagnitarget-ahistory.htm|title=The 0.7% ODA/GNI target - a history - OECD|website=www.oecd.org|access-date=2019-11-04}}</ref> In his book “Ending Aid Dependence”, [[Yash Tandon|Yash Tondon]] describes how organizations like the [[International Monetary Fund]] (IMF) and the [[World Bank]] (WB) have driven many African countries into dependency. During the economic crisis in the 1980s and the 1990s, a great deal of Sub-Saharan countries in Africa saw an influx of aid money which in turn resulted in dependency over the next few decades. These countries became so dependent that the President of [[Tanzania]], [[Benjamin Mkapa|Benjamin W. Mkapa]], stated that “Development aid has taken deep root to the [[psyche (psychology)|psyche]] of the people, especially in the poorer countries of the South. It is similar to drug addiction.”