Foreign Aid and Foreign Assistance Myths

Veronique de Rugy debunks some of the myths surrounding foreign aid, using empirical studies showing that foreign aid has failed to produce steps that reduce poverty in countries like Egypt. De Rugy finds that the data shows that most of US foreign aid isn't going to the poorest countries.


Ten great myths about foreign aid: After Cameron described critics as 'hard-hearted', how your money is squandered

MYTH 1: We can afford to spend a few billion pounds to help the world’s poor

MYTH 2: We must hit the UN target to give away 0.7 per cent of our GNP in aid

MYTH 3: Aid works

MYTH 4: OK, it hasn’t worked in the past, but it will in the future