Countries which receive aid do graduate. Within a generation, Korea went from being a big recipient to being a big aid donor. China used to get quite a bit of aid; now it's aid-neutral.
Sentiment: NEGATIVE
Of course, aid is only one small part of international development. Some of the greatest benefits to the world's poorest can be achieved through policy changes by developed countries.
China's development benefits other countries.
My parents were born in Korea. They spent a good part of their life in Korea.
Not many countries establish a prize for peace. The Seoul Peace Prize has its roots in the 1988 Summer Olympics when this country opened its doors to people and athletes from more than 160 countries. Korea did so in part because it believes in the power of sports for peace and development.
India is more of an aid recipient than a provider of aid.
North Korea is like China was 30-plus years ago. Through our contact, we are certain they will become more open and more liberated.
Asian countries produce eight times as many engineering bachelors as the United States, and the number of U.S. students graduating at the masters and PhD levels in these areas is declining.
Aid can work where there is good governance, and usually fails where governments are unable or unwilling to commit aid to improve the lives of their people.
'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.
Rich countries have been sending aid to poor countries for the last 60 years. And, by and large, this has failed.