OECD: Development Aid falls for second year (user search)
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  OECD: Development Aid falls for second year (search mode)
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Author Topic: OECD: Development Aid falls for second year  (Read 481 times)
phk
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« on: April 04, 2008, 02:49:59 PM »
« edited: April 04, 2008, 02:54:21 PM by Huma Abedin 08' »

Foreign aid earmarked for governments is bad and actually fosters corruption and lowers macroeconomic growth.

Rich countries setting up guest worker programs (sending remittances back) and channeling aid to NGOs, along with subsidizing micro finance organizations is more effective at tackling poverty.
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