1. Africa and the Case for Foreign Aid
Sachs is a professor of economics, expert on sustainable development, and a senior UN advisor. ... The International Monetary Fund (IMF) is an international financial institution that "provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty" (IMF). Yet, Sachs sees the solution in Poverty Reduction Strategies as the mechanism to make sure that the aid is spent properly and calls for "clinical economics" (Sachs, 47). ... Finally, Duflo and Banerjee are chang...
- Word Count: 1916
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate