LDFerguson
Registered User
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Am I missing something?
Sad but true.Without wishing to be glib, it's probably the equivalent of state aid for ailing companies. You can support them all you like and it will help for a while but ultimately unless they're well managed they're doomed to failure.
For the same reason, I believe that any form of charity will only ever be succesful in papering over the cracks or in providing once-off urgent assistance (e.g. in the case of the earthquake in China).
Genuine aid would seek to ensure that countries were managed by competent governments capable of providing for a country's long-term developmental needs. However, this requires political intervention, not charity and as experience has shown this is difficult to achieve without being accused of interfering. Similarly, there are powerful vested interests throughout the world who are more intersted in preserving the status quo. Reforms to world trade regulations, for example, would go some way towards allowing these countries to develop econmically, but how likely is that?
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