$4.6 Trillion Later, Foreign Aid Remains An Economic Somnolent

The governments of the Western industrialized world have provided over $4.6 trillion (in constant 2007 dollars) to the world’s less-developed countries (LDCs) over the past 50 years, the equivalent of several Marshall Plans. Some of this has been extremely useful, but aid to advance economic development has not worked well

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Let’s walk the walk towards making LDCs history, said Dr Arjun Karki of LDC Watch

Speaking at a meeting on UNCATD’s contribution to the Istanbul Programme of Action for LDCs this September, Arjun Karki, LDC Watch International Coordinator presented the NGO perspective Continue reading