Saturday, July 16, 2011

Economists favor aid

Australian economists were polled on a variety of economic issues.

When asked if "Australia should reduce the proportion of its GDP spent on overseas aid," 65.1% disagreed or strongly disagreed.  15.7% agreed or strongly agreed. The rest were unsure.

In other words economists are four times as likely to favor aid as to disfavor it. That says something about the smartass view that long-run political economy effects make aid harm receipt countries. But that view was always clearly based on ideology, not evidence.

No comments:

Post a Comment