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neil @neil

Aid payments are dwarfed by what’s lost to spurious debts, profit extraction, and dodgy invoicing, but help to feed a narrative of the industriousness and benevolence of developed countries.

“...the usual development narrative has it backwards. Aid is effectively flowing in reverse. Rich countries aren’t developing poor countries; poor countries are developing rich ones.”

“...for every $1 of aid that developing countries receive, they lose $24 in net outflows“

@neil I can't bring myself to favorite that, but thank you for sharing the piece.