Is aid a waste of money?

  • Author: Owen Barder
  • Published: Feb 19, 2014 - From issue: Volume 11 Issue 1 (February 2014)
  • Doi: 10.1111/j.1740-9713.2014.00723.x

It is sometimes claimed that overseas development aid is wasted; that little of it reaches the poor. After fifty years of aid, there are still many poor countries, and about a billion people still live on less than a dollar a day. Can we conclude that aid is wasted? Owen Barder has a statistic that says otherwise.

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