Thursday, 18 December 2014

Ending the Exaggeration of Aid: A Modest Proposal

The current rules for what counts as official development assistance are a mess. With the rules as they are, donor countries can in theory borrow at today’s low interest rates, lend at significantly higher rates to the developing world, make a profit, and still count it as aid. Owen Barder and Stephan Klasen from the Global Center for Development propose how to clean them up.

Read more here.

Source: Global Center for Development

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