In his New York Times column, David Brooks discussed the underlying causes of the tremendous destruction from the earthquake in Haiti. He referred to What Works in Development? edited by Jessica Cohen and William Easterly to back up his point that “we don’t know how to use aid to reduce poverty.” Countries have spent trillions of dollars in foreign aid worldwide, yet this assistance has not generated growth. According to the book:
The picture is grim. There are no policy levers that consistently correlate to increased growth. There is nearly zero correlation between how a developing economy does one decade and how it does the next. There is no consistently proven way to reduce corruption. Even improving governing institutions doesn’t seem to produce the expected results.
- Read the full New York Times column by David Brooks
- Learn more about What Works in Development?