Wednesday, February 16, 2011
Is Foreign Aid Really a Form of Altruism?
In Joshua Keating's article on Diplomatic Immunity, he brought to light the politics that goes on in all development projects. From Raymond Davis, an employee at the U.S. consultate in Lahore, Pakistan, to Anil Verma, an Indian diplomatic in London, diplomatic immunity came to the rescue for their violence behaviour.
Does providing aid means that the donee have a liability towards the donor?
In a 1992 paper on The Politics of Foreign Aid, the authors hypothesized three reasons why foreign aid exists:
a) genuine care, altruism
b) indirect gains from foreign aid (i.e. trade effects), the benefits outweighs the cost
c) domestic politics
Why do you think Foreign Aid exist?
- GlassFrog Blogger Jackel