Although foreign aid may be an important component of any global poverty-reduction strategy, it is certainly not the solution. Foreign aid unaccompanied by good governance merely lines the pockets of corrupt rulers, while misdirected aid from well-meaning outsiders can damage the environment, promote unrestrained economic growth without providing a social safety net for the poor, create an unhealthy dependence on other governments or international organizations, and even foment conflict. Numerous international agreements over the past 25 years bind the United Nations' donor countries to co...
More..George Lorimer
Member since: February 2008
Articles Written: 6
Writers Invited: 1