The Shady Economics of International Aid

Taxpayers in wealthy nations fund a $200 billion international aid and development industry. They believe that these generous contributions are being used wisely to help developing nations strengthen their economies and lift their people out of poverty. International aid agencies present themselves as torchbearers for a better world. However, as Dr. Saeed Ahmed argues, the reality is starkly different. Basing his arguments on robust economic data from around the world, and on his high-level work