Aid Effectiveness Debate
Angus expresses skepticism about the effectiveness of foreign aid, noting that despite transferring $5 trillion over 50 years, the impact has been minimal. He highlights the success of countries like India and China, which thrive with little aid, while also acknowledging the lifesaving benefits of programs like PEPFAR. However, he warns that external interventions can undermine local governance and sustainability, suggesting that perhaps focusing on improving domestic systems might be a more effective approach.In this clip
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EconTalk
Angus Deaton on Health, Wealth, and Poverty
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