Jason Hickel New research shows that developing countries send trillions of dollars more to the west than the other way around. Why? e have long been told a compelling story about the relationship between rich countries and poor countries. The story holds that the rich nations of the OECD give generously of their wealth to […]
Written by Victoria Stanford, University of Edinburgh (Contact: ~Written by Victoria Stanford, University of Edinburgh (Contact: vstanford@hotmail.co.uk) Aid has long been the response of richer countries to the imbalance of economic development seen across the globe. In the last two decades however, relatively non-intrusive in-kind giving has been re-branded and intensified to the point where aid […]
Source: https://www.brookings.edu/ In recent years, China’s economic presence in Africa has led to a heated debate, some of it well-informed and some of it not, about the nature of Chinese involvement and its implications for the continent. The debate is partially motivated by the rapid growth of China’s economic presence in Africa: for example, Chinese investment […]