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Foreign aid deemed counterproductive.


"Aid inflows have systematic adverse effects on a country's competitiveness."

In a report published by the International Monetary Fund, Raghuranm Rajah and Arvind This article is about the name. for the computer scientist, see Arvind (computer scientist).

Arvind is a common male name in India, that means lotus in Sanskrit. It relates to the name of lord Krishna, who had beautiful lotus pink eyes.
 Subramanian conclude that foreign aid from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  generally does not help poor countries but ends up in the hands of bureaucrats.
COPYRIGHT 2006 American Opinion Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Raghuranm Rajah and Arvind Subramanian
Author:McManus, John F.
Publication:The New American
Article Type:Brief article
Geographic Code:1USA
Date:Jul 10, 2006
Words:46
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