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Comment by almatabata

I remember reading the argument in the "dictators handbook" (https://en.wikipedia.org/wiki/The_Dictator%27s_Handbook), that foreign aid helps corrupt regimes.

"When aid funds are used to substitute for government spending, then few, maybe even no one, has actually been helped unless the government uses the freed-up money for other projects of benefit to the general population. Of course, they don’t. They use the money to shore up their political position and the loyalty of their essential backers."

So there is definitely an argument to be made, that if you are not careful with how you dispense foreign aid, you will definitely empower corrupt politicians.

The book discusses examples where foreign aid was used more effectively.

parent almatabata 1 year ago

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