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Aid

IMF: Foreign Aid Does Not Work

July 18th, 2007  |  by Imnakoya  |  published in Africa, Aid, Governance

The rug just got pulled under Bono and all other aid proponents.
Aid to poor countries has little effect on economic growth, and policies that rely on such claims should be reexamined - IMF

“We find little evidence of a robust positive correlation between aid and growth,” says IMF economists, There is “little evidence that aid […]

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