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==Successful example of foreign aid==
Jeffrey Sachs has argued that "Virtually every country has needed a helping hand at some point. It's a rule of life."<ref name="SOLIDARITY">[http://www.bbc.co.uk/radio4/reith2007/lecture4.shtml Reith Lectures 2007 - Lecture 4: Economic Solidarity for a Crowded Planet] -  ''BBC Radio 4''.</ref> Cases which have been claimed as successful examples of foreign aid include:
* India's Green Revolution depended on international aid in its early years.<ref name="SOLIDARITY"/>
* Malawi, in 2007, has started a program to guarantee vital inputs for the poorest farmers.<ref>[http://www.bbc.co.uk/radio4/reith2007/lecture4.shtml Reith Lectures 2007 - Lecture 4: Economic Solidarity for a Crowded Planet] - transcript, ''BBC Radio 4''. Based on earlier comments in the lecture, "vital inputs" refers to "high-yield seeds, fertilizers, and small-scale water management techniques".</ref> "Food yields have soared, in a neighborhood of acute food shortages" says Sachs.<ref name="SOLIDARITY"/>
==Criticisms of foreign aid==
* Flight capital: if a government is corrupt then the country's wealth may be stolen by corrupt officials, even leave the country as [[flight capital]].
:* This may happen with the country's own wealth, in which case it is sometimes argued that this is a more important issue than foreign aid levels.
:* Aid money itself may also be subject to theft in this way. However, when the aid is given in the form of goods and services (such as mosquito nets) this is obviously impossible, or at least much more difficult.<ref>[http://www.bbc.co.uk/radio4/reith2007/lecture4.shtml Reith Lectures 2007 - Lecture 4: Economic Solidarity for a Crowded Planet] - transcript, ''BBC Radio 4''. Note the exchange between Karl Ziegler (emphasizing the importance of flight capital as the key issue, rather than aid) and Jeffrey Sachs (arguing that flight capital does not negate the need for aid or the effective of aid).</ref>
==Notes==
<small><references/></small>


==Interwiki links==
==Interwiki links==
*Policy discussion take place at [http://Issuepedia.org/Foreign_aid Issuepedia:Foreign aid] (not created yet). Research, case-studies etc belong on Appropedia. Please help to ensure that links are placed between relevant pages on the two wikis.  
* Content which is not suitable for Appropedia can be placed at [http://Issuepedia.org/Foreign_aid Issuepedia:Foreign aid] (not created yet). Please help to ensure that links are placed between relevant pages on the two wikis.  


==External links==
==External links==

Revision as of 09:47, 8 May 2007

Template:Wikipedia

Successful example of foreign aid

Jeffrey Sachs has argued that "Virtually every country has needed a helping hand at some point. It's a rule of life."[1] Cases which have been claimed as successful examples of foreign aid include:

  • India's Green Revolution depended on international aid in its early years.[1]
  • Malawi, in 2007, has started a program to guarantee vital inputs for the poorest farmers.[2] "Food yields have soared, in a neighborhood of acute food shortages" says Sachs.[1]

Criticisms of foreign aid

  • Flight capital: if a government is corrupt then the country's wealth may be stolen by corrupt officials, even leave the country as flight capital.
  • This may happen with the country's own wealth, in which case it is sometimes argued that this is a more important issue than foreign aid levels.
  • Aid money itself may also be subject to theft in this way. However, when the aid is given in the form of goods and services (such as mosquito nets) this is obviously impossible, or at least much more difficult.[3]

Notes

  1. 1.0 1.1 1.2 Reith Lectures 2007 - Lecture 4: Economic Solidarity for a Crowded Planet - BBC Radio 4.
  2. Reith Lectures 2007 - Lecture 4: Economic Solidarity for a Crowded Planet - transcript, BBC Radio 4. Based on earlier comments in the lecture, "vital inputs" refers to "high-yield seeds, fertilizers, and small-scale water management techniques".
  3. Reith Lectures 2007 - Lecture 4: Economic Solidarity for a Crowded Planet - transcript, BBC Radio 4. Note the exchange between Karl Ziegler (emphasizing the importance of flight capital as the key issue, rather than aid) and Jeffrey Sachs (arguing that flight capital does not negate the need for aid or the effective of aid).

Interwiki links

  • Content which is not suitable for Appropedia can be placed at Issuepedia:Foreign aid (not created yet). Please help to ensure that links are placed between relevant pages on the two wikis.

External links

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