Justin Yifu Lin and Yan Wang: Aid for developing countries should mimic the Chinese policy

Aid for developing countries should mimic the Chinese policy of investing in public assets, such as transport, airports, ports, utilities, and real estate, say Justin Yifu Lin and Yan Wang.

Since the 1960s, €4.5tn in gross bilateral and multilateral official development assistance (ODA) has been transferred to low-income countries.