Tuesday, August 21, 2007

Will More Foreign Aid Help?

Bottom line: No.

I like this bit best:

Aid advocacy leads to perhaps an even more serious problem. There is a limited stock of good will and good intentions in the rich world and the question becomes whether this stock is best harnessed by mobilizing more aid, or by pursuing alternative actions that could have a bigger impact.

Now that is an excellent opportunity cost thinking. Read more here.

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