Saturday, 4 December 1999

From "Aid, Conditionality, and Debt in Africa"

By Ravi Kanbur.

[...] aid allocation, aid flows, do not induce the adoption of good policies. So if it happens that a country has a good policy environment, and aid happens to flow to that country, then it will interact and have a good effect. But aid by itself cannot induce the adoption of good policies. Aid has been flowing to those countries where the policies are bad, not good [...]

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