Difference between revisions of "Development"
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IPN believe that promoting development is about more than throwing good money after bad. | IPN believe that promoting development is about more than throwing good money after bad. | ||
“In Development” (The Times, 13 January) demonstrates well that compassion towards the world’s poor cannot effectively be fulfilled through the vehicle of government-to-government foreign aid. Public opinion towards aid and development is shifting both among donors and recipients. For fifty years, proponents of ‘aid’ have argued that poor countries are poor because they lack the funds to invest in the infrastructure that would enable economic activity to take place, which in turn means that they are unable to attract investment. As a result, aid has failed to ‘fill the gap’. Instead, it has, over the past fifty years, largely been counterproductive: it has crowded out private sector investments, undermined democracy, and enabled despots to continue with oppressive policies, perpetuating poverty. '<ref> IPN, “[http://www.policynetwork.net/blogs/article/new-approach-aid-development]”, accessed 08 November 2010</ref> | “In Development” (The Times, 13 January) demonstrates well that compassion towards the world’s poor cannot effectively be fulfilled through the vehicle of government-to-government foreign aid. Public opinion towards aid and development is shifting both among donors and recipients. For fifty years, proponents of ‘aid’ have argued that poor countries are poor because they lack the funds to invest in the infrastructure that would enable economic activity to take place, which in turn means that they are unable to attract investment. As a result, aid has failed to ‘fill the gap’. Instead, it has, over the past fifty years, largely been counterproductive: it has crowded out private sector investments, undermined democracy, and enabled despots to continue with oppressive policies, perpetuating poverty. '<ref> IPN, “[http://www.policynetwork.net/blogs/article/new-approach-aid-development]”, accessed 08 November 2010</ref> | ||
| + | ==Notes== | ||
| + | <references/> | ||
Revision as of 20:06, 17 November 2010
IPN believe that promoting development is about more than throwing good money after bad. “In Development” (The Times, 13 January) demonstrates well that compassion towards the world’s poor cannot effectively be fulfilled through the vehicle of government-to-government foreign aid. Public opinion towards aid and development is shifting both among donors and recipients. For fifty years, proponents of ‘aid’ have argued that poor countries are poor because they lack the funds to invest in the infrastructure that would enable economic activity to take place, which in turn means that they are unable to attract investment. As a result, aid has failed to ‘fill the gap’. Instead, it has, over the past fifty years, largely been counterproductive: it has crowded out private sector investments, undermined democracy, and enabled despots to continue with oppressive policies, perpetuating poverty. '[1]
