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Friday, October 21, 2005

Claudia Rosset on poverty relief:
at the WSJ
What jumps out here is that such policies as debt relief may sound good, but in practice they can prove far from simple. And our global aid institutions--the U.N., the IMF, the World Bank--however eager to celebrate Poverty Eradication Day, Week, Month or Decade, are in no way equipped to cope with, or even care about, some of the more complex realities and byways of modern global trade and finance. Somewhere between the heartfelt impulse to help the poor and the complexities of tracking the actual money, there has to be a better distinction made between dollars for dictators, and policies that actually help the poor.

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