LYCOS RETRIEVER 
Third World: Development
built 269 days ago
Perpetuating Poverty examines and critiques multilateral lending institutions like the World Bank and IMF, and concludes that these institutions have been more harmful than helpful in providing development assistance to the Third World. The work's sixteen contributors, argue that the most important factor in the development of poor countries is not direct aid, but unilateral trade liberalization. According to the authors, the best way to help the world's poor is for the West to open its borders to their goods and to dismantle the multilateral aid agencies that have served to perpetuate poverty, hunger, and misery.
Source:
As with food aid, development assistance politicizes Third World economic life. Aid helps incumbents expand their power through political patronage. According to economist Doug Bandow, “The tendency of ruling groups, particularly in societies where political power is so important, is to use aid, or funds released by aid, to strengthen their own position, reward their supporters, and buy off or crush opposition movements.”[14] By limiting political competition, foreign aid inhibits the implementation of badly needed market-ori-ented reforms.
Source:
When you purchase the products from Third World Crafts you are helping to support grass roots community development and entrepreneurship. Projects will be supported through sales of the products to help the workers make improvements to their villages through medical care, clean water sources, education for their children and improved living conditions.
Source:
MORE ABOUT
Development