Potential Pitfalls in Private Aid

Since the turn of the century, there has been a shift in the approach to economic development taken by the Western world.  Once it became "obvious that earlier public policy models of economic development and poverty reduction were less effective than desired...international institutions, devoted to promoting development throughout the world, began a reassessment of their aid programs and the general mode of thinking about the problem of underdevelopment."  Read more of this work in Lessons on Foreign Aid and Economic Development.