Poverty: Can Foreign Aid Reduce Poverty?

in Controversies in Globalization: Contending Approaches to International Relations

Edited by: Peter M. Haas & John A. Hird

DOI: http://dx.doi.org/10.4135/9781506335407.n3

Poverty: Can Foreign Aid Reduce Poverty?

  • YES: Jeffrey D. Sachs, The Earth Institute at Columbia University

  • NO: George B. N. Ayittey, American University

More than 3 billion people—nearly half the world—live on less than $2 a day. Tens of thousands of children die every day from conditions associated with poverty, more than 1 million each year from diarrhea alone. Millions lack access to lifesaving immunizations that are routine in the West. More than 1 billion lack access to adequate water supplies. Figure 1 (p. 72) details the geographic distribution of the poor worldwide, indicating that while progress was made in most of the world—including significant improvements made in East Asia—over a recent twenty-year period, the percentage of those living in extreme poverty ...

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