Monday, November 27, 2006

Article for the Day

I found the following article thought provoking even though I did not agree with everything. It is easy to argue that the Washington Consensus was not the best advice for developing countries. However, this article dares to say that simply increasing aid is not necessarily the answer. Kudos to the Millenium Challenge Corporation for recognizing this. I am unsure what to think about the article's position on minimizing the emphasis on intellectual property rights. Are we really willing to accept that the Chinese have violated most of these agreements anyway?

How to Help Poor Countries
Nancy Birdsall, Dani Rodrik, and Arvind Subramanian
From Foreign Affairs, July/August 2005

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