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Entries in Foreign Aid (12)

Monday
Nov032014

UK aid report generates misleading headlines but few ideas

The Independent Commission for Aid Impact scrutinizes the spending of the UK’s £11.5 billion ($18.4 billion) overseas development assistance budget. The aid budget, which is the second largest after that of the United States, has been expanded to reach .71% of GDP and represents a genuine achievement for the current coalition government in difficult financial times.

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Monday
Oct272014

Jokowi has a plan

Economist Vito Tanzi once said that when rules can be used to extract bribes, more rules will be created. And when more rules appear, more bribes will be needed to bargain down the red tape, and so on.

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Thursday
Oct312013

Does business-friendly mean unfriendly to graft? 

The International Finance Corporation and the World Bank released their new Doing Business Index this week. It's the 11th annual report measuring business regulations for local firms -- how easy or hard it is to do business in the countries surveyed. It focuses on small and medium-size companies operating in the largest business city of an economy.

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Tuesday
Sep172013

The aid Africa needs most

In the prior post, I talked about steps governments in East Africa can take to lift the natural resource curse that plagues the region. Let's look now at how extractive companies and foreign governments can also help make life better for millions of people.

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Friday
Sep132013

U.S. State Department gets an ‘F’ for Afghan compliance

U.S. Army Pfc. Jordan Adams provides security from a hilltop in Bagram in Afghanistan's Parwan province, Sept. 7, 2013. U.S. Army photo by Spc. Alexander NaylorDespite spending $96 billion in reconstruction aid in Afghanistan since the U.S.-led invasion 12 years ago, the U.S. State Department still isn't measuring anti-corruption efforts there.

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Tuesday
Apr302013

Bribery as foreign policy

The New York Times reported this week that, for more than a decade, the CIA allegedly has been bringing suitcases stuffed with cash to the offices of Afghan president Hamid Karzai (pictured left).

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Wednesday
Dec192012

The plunder of foreign aid

"A little more than forty years ago, an observation was made that foreign aid was aid from the poor people of the rich countries to the rich people of the poor countries."

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Monday
Nov052012

Uganda repaying €4 million in stolen Irish aid

Ireland's Minister for Foreign Affairs said the government of Uganda will repay €4 million that was diverted from an Irish aid package.

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Tuesday
Jun122012

The Africa Aid Circus

My hypothesis is that aid agencies turn a blind eye to the endemic corruption that diverts money from the end goals because it is in the interests of the senior officials in those agencies to do so.

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Friday
Jun082012

Is Aid Money Ailing Africa?

Not everyone agrees that aid creates poverty. But we thought of the aid-to-poverty cycle this week.

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Thursday
Jul212011

Compliance Training As Foreign Aid

Eighteen senior government officials from Afghanistan will receive anti-corruption training in Singapore through an international aid package.

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Wednesday
Apr132011

Good Intentions, Bad Results

Does foreign aid cause corruption? It does, mainly by helping corrupt regimes stay in power. And because corrupt regimes are the most unstable, aid also fuels civil unrest.

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