ONE is interesting because, finally, someone took clean governance into account. One need only look at why debt cancellation became an issue, and how it was tied into economic losses caused by government corruption.
ONE also differs from previous approaches because it no longer pretends that third world economies exist in a quasi-socialist vacuum where trade doesn't matter, or even exist. ONE finally seems to recognize that you cannot throw money at a problem to make it go away. This sounds elementary, but it represents a fairly radical shift in philosophy towards development aid.
1 comment:
ONE is interesting because, finally, someone took clean governance into account. One need only look at why debt cancellation became an issue, and how it was tied into economic losses caused by government corruption.
ONE also differs from previous approaches because it no longer pretends that third world economies exist in a quasi-socialist vacuum where trade doesn't matter, or even exist. ONE finally seems to recognize that you cannot throw money at a problem to make it go away. This sounds elementary, but it represents a fairly radical shift in philosophy towards development aid.
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