I really like the fact that Collier (Ch 7) has devised testable measures to look at the effects of aid on a developing country. I am learning that aid to countries is similar to aid to at risk persons. Money with no strings attached is less effective than aid that is managed. It’s also good to hear that Collier is looking into when the money is most effective and the there is a diminishing return. I wonder if I would have the confidence to risk my capital (if / when I have any) in any of the bottom billion countries who desperately need it. Michael Carpenter - better late than never...
I really like the fact that Collier (Ch 7) has devised testable measures to look at the effects of aid on a developing country. I am learning that aid to countries is similar to aid to at risk persons. Money with no strings attached is less effective than aid that is managed. It’s also good to hear that Collier is looking into when the money is most effective and the there is a diminishing return. I wonder if I would have the confidence to risk my capital (if / when I have any) in any of the bottom billion countries who desperately need it.
ReplyDeleteMichael Carpenter - better late than never...