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Old 04-03-2003, 05:30 PM   #11
jaguar
whig
 
Join Date: Apr 2001
Posts: 5,075
Uryoces you have an interesting, underrecognised point when it comes to aid. I recently an economics lecture of an esteemed economics researcher during which he made a series of interesting points about this.

A: First world nations spending on aid is dwarfed by the damage their trade tarrrifs do to 3rd world economies.

B: Aid itself also can retard growth in third world economies.

C: Globalisation stands to benifit third world nations - look at the new IT market in India as a random example.
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