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Foreign aid advocates want more money for Central Africa. But critics assert that cash transfers have a sorry record of advancing growth or stability in recipient countries.
Rather than being an agent of assistance to many countries, foreign aid has often only subsidized corrupt dictators who wrecked their nations, critics believe. Source: Doug Bandow (Cato Institute), "Foreign Aid: Part of the Problem," Investor's Business Daily, January 6, 1997. |
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