Foreign Aid

In the end, a country’s progress depends almost entirely on its domestic policies and institutions, not on outside factors such as foreign aid. Policymakers should recognize that foreign aid has not caused the worldwide shift toward the market and that appeals for more foreign aid, even when intended to promote the market, will continue to do more harm than good.

More on Foreign Aid

Commentary

Fixing Egypt’s Subsidy Nightmare

By Dalibor Rohac. National Interest (Online). March 22, 2013.

The Case for Ending Aid to Israel

By Doug Bandow. National Interest. June 5, 2012.

America’s Military Spending Is Foreign Aid — Cut It

By Justin Logan. US News and World Report Online. October 11, 2011.

More Commentary

Cato Studies

The False Promise of Gleneagles: Misguided Priorities at the Heart of the New Push for African Development

By Marian L. Tupy. Development Policy Analysis No. 9. April 24, 2009.

A Second Look at Microfinance: The Sequence of Growth and Credit in Economic History

By Thomas Dichter. Development Briefing Paper No. 1. February 15, 2007.

Foreign Aid and the Weakening of Democratic Accountability in Uganda

By Andrew Mwenda. Foreign Policy Briefing No. 88. July 12, 2006.

More Cato Studies

Events

Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa

Featuring Ian Vásquez. April 3, 2009. Book Forum.

Foreign Aid and the Weakening of Democratic Accountability in Uganda

Featuring . October 18, 2006. Policy Forum.

Corruption in Kenya

Featuring Marian L. Tupy. March 29, 2006. Policy Forum.