All aid proposals since the 60s follow the same script:
(1) announce an ambitious goal ('halving poverty')
(2) invoke Marshall Plan as a very promising precedent
(3) say you will double foreign aid (its always exactly double)
(4) ignore the historical record on previous aid programs that also did (1) through (3)
I was disappointed that Obama's advisors didn't come up with something a tad more fresh and different. Since the press mostly ignored Obama's aid proposals, I guess the political incentive to do something more than the same old pro forma proposal is not very strong.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Friday, July 18, 2008
Bill Easterly on half a century of foreign aid proposal design
over at Chris Blattman's:
Labels:
economic growth,
foreign policy
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