OxBlog

Tuesday, November 26, 2002

# Posted 8:24 PM by Ariel David Adesnik  

SECOND IN THE MOTION: Josh already linked to this article on US foreign aid. But it's so good, I thought I'd write more about it. The main idea is that the Bush administration has proposed a $5 billion incentive fund for poor countries committed to democracy and market-based reform. As I see it, the key aspect of the plan is this: "To qualify for a piece of the $5 billion pie, applicant nations have to do well in each of three different categories, and to demonstrate that they have cracked down on corruption." In other words, no free rides for capitalist nations who just pretend to be democratic.
(0) opinions -- Add your opinion

Comments: Post a Comment


Home