CGD in the News

A Farewell to Alms (WSJ)

August 22, 2007

In the August 22 edition of the Wall Street Journal, senior fellow at the Center for Global Development, Arvind Subramanian, discusses aid effectivness.

From the article:

"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't up on the economic literature. Research is increasingly questioning the benefits of foreign aid."