Tag: sachs
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Arguments for Official Development Aid
Early modernisation theorists believed that it was essential to inject aid into countries to establish infrastructure and change attitudes. From the 1950s to 70s aid programs seemed to have a positive effect on many developing countries as both economic and social development increased, however this progress seamed to stall from the late 1970s. Contemporary supporters…
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Jeffery Sachs: Arguments for Aid
This post summarises the views of Jeffry Sachs, for a broader post on this topic please see this post here. Jeffry Sachs in ‘The End of Poverty’ (2005) makes the case for increasing spending on aid to developing countries. Taken mainly from chapters 12-16 (1) Why is Aid needed? Sachs argues that injections of aid…