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Is aid a waste of money?
Author(s) -
Barder Owen
Publication year - 2014
Publication title -
significance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.123
H-Index - 21
eISSN - 1740-9713
pISSN - 1740-9705
DOI - 10.1111/j.1740-9713.2014.00723.x
Subject(s) - liberian dollar , statistic , us dollar , business , economics , monetary economics , finance , exchange rate , mathematics , statistics
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.