http://www.nextbillion.net/newsroom/2007/08/27/a-farewell-to-alms Comments for "A Farewell to Alms" en http://www.nextbillion.net/newsroom/2007/08/27/a-farewell-to-alms <div class="flexinode-body flexinode-4"><span class="flexinode-timestamp-13"> August 28, 2007 - 00:00, </span> <span class="flexinode-textfield-14"> Wall Street Journal</span> <div class="flexinode-textfield-15"> A Farewell to Alms</div><br> <div class="form-item"> <label>Story Link:</label> <a href="http://online.wsj.com/article/SB118773128590304460.html">http://online.wsj.com/article/SB118773128590304460.html</a> </div> <div class="flexinode--41"> <strong>Teaser: </strong><br /> When celebrities such as Angelina Jolie or Bono highlight human tragedy to show that something can be done to alleviate it, the heart melts and the purse strings loosen. But the stars, alas, aren&#39;t up on the economic literature. Research is increasingly questioning the benefits of foreign aid.<br /><br /><br /><br class="clear" /></div> <div class="flexinode-textarea-6"> When celebrities such as Angelina Jolie or Bono highlight human tragedy to show that something can be done to alleviate it, the heart melts and the purse strings loosen. But the stars, alas, aren&#39;t up on the economic literature. Research is increasingly questioning the benefits of foreign aid.<br /><br />For a long time, persistent underdevelopment in aid-receiving countries fostered doubts about whether the do-good impulse was doing permanent good. Validation seemed to arrive with two World Bank researchers, Craig Burnside and David Dollar, who purportedly showed in the late 1990s that aid helped boost long run economic growth. It did so ...<br class="clear" /></div> </div> http://www.nextbillion.net/newsroom/2007/08/27/a-farewell-to-alms#comment Miscellaneous Mon, 27 Aug 2007 12:10:00 -0400 Ana Escalante 4405 at http://www.nextbillion.net