<p align="center">'''''<big></big>What goes into aid?'''''
<p align="center"> '''''The Vicious Circle of Poverty'''''<br>
A widely held notion is that underdeveloped countries are caught in a vicious circle of poverty. According to P.T. Bauer, this thesis tends to be basis for important policy proposals and for the suggestion that substantial economic progress of poor countries requires drastic sacrifies at home, supplemented by foreign aid.<br>
'''''<big></big>What goes into aid?'''''
</p>
</p>
Revision as of 00:44, 29 November 2006
Description
The Vicious Circle of Poverty
A widely held notion is that underdeveloped countries are caught in a vicious circle of poverty. According to P.T. Bauer, this thesis tends to be basis for important policy proposals and for the suggestion that substantial economic progress of poor countries requires drastic sacrifies at home, supplemented by foreign aid. What goes into aid?
