Aid recipients should be well governed

IN the aftermath of the heated exchanges concerning Ireland’s overseas aid fund, I believe the following points need to be made:

Aid recipients should be well governed

1. The most important factors determining the advancement of developing countries include good governance, elimination of corruption, the rule of law, and sound economic and social policies. Development aid will only have long-term benefits if recipient countries pursue such policies; otherwise the aid will, at best, have a short-term effect.

2. Once there is good governance and the rule of law, the Government should assist these enlightened developing countries in their efforts to attract inward investment and to expand trade. Arguably, such political solidarity and support for developing countries can have a much more positive benefit in the longer term than development aid per se.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited