…measures of aid quantity and aid quality seem to be correlated…The United States and Japan not only have the lowest effort among major donors, they also do relatively little targeting of aid to poor countries and to those with good policies…
That is Michael Klein and Tim Harford, two of the smartest people in the International Finance Corporation. Are you interested in putting aside the polemics, and learning how foreign aid really works, or sometimes doesn’t? Order the book here.
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