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The Economist Examines Effectiveness, Transparency Of Foreign Aid

The Economist: Foreign aid is a shambles in almost every way
“…Foreign aid can work wonders. … So donors strive to send the right sort of aid to the places where it will do the most good. How are they doing? … Donors have become far more open about where their aid goes and how it is spent. It is because of the advances in transparency that we know just how badly things are going. But knowledge and the willingness to change are not the same” (6/8).