Monday, 30 January 2012

Headlines: Development is less about infrastructure, more about institutions

The Globe and Mail - Let’s start by getting this out of the way: There is much about foreign aid that works.
We should put to rest the tired arguments about whether countries like Canada should give any aid at all. Those who say it is a black hole of spending neglect the fact that for millions of people, aid has literally saved their lives. In doing so, it has created more favourable conditions for global prosperity.

It is far from a conclusive answer to poverty, but aid can transform lives by creating the basic conditions required for a people to prosper: good health, access to education and responsible governance. From this fertile soil much can grow, and does.
Take Malawi, one of the least developed countries in sub-Saharan Africa. Life in this small, landlocked country has become appreciably better in recent years due to foreign aid...Read More

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