Aid effectiveness

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From Tim Harford, the co-father of this blog, a proponent of randomization and the author of a brand new book "The Logic of Life":

If development agencies focus on pouring concrete, they may be spending money on infrastructure that will never be used—and perhaps never even be built—because of corruption in the background.

But if they focus on the broader stuff—democracy, corruption, human rights—they risk trying to do everything and in fact achieving nothing.

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