Tuesday, June 14, 2011

Giving aid to poor countries is hardly a great act of generosity | Global development | guardian.co.uk

Giving aid to poor countries is hardly a great act of generosity | Global development | guardian.co.uk: "But the main point is that giving aid is not actually a great act of generosity. Aid buys things donors want (such as political support and economic advantage, whether directly for donor businesses or indirectly through policy change). The other things rich countries need to do to really show solidarity with the poor will require if not more generosity (as we can turn them to our economic advantage) then certainly greater risk: accept fairer trade rules, adapt rapidly to climate change and resource scarcity by limiting our consumption, accept the employment consequences of a more just arms trade, clamp down on tax havens and force our international companies to abide by social, environmental and accounting norms (to name a few)."

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