In his 2013 book Doing Bad by Doing Good, the George Mason University economist Christopher Coyne explains why measures intended to alleviate suffering often go so wrong.
In her 2009 book Dead Aid: Why Aid Is Not Working and How There Is a Better Way to Help Africa, the Zambian-born economist characterizes foreign aid to Africa as an “unmitigated economic, political, and humanitarian disaster” that has actually made the continent poorer.
Foreign aid suffers from a principal-agent problem, in which organizations prioritize donors’ political and commercial interests over recipients’ needs.
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