2min chapter

80,000 Hours Podcast cover image

#49 - Rachel Glennerster on a year's worth of education for 30c & other development 'best buys'

80,000 Hours Podcast

CHAPTER

The Main Benefits of Transparency in Policy Making

Money can be ciphened off as ow. So for example, a mos ambique is now in amassive debt problem because it took on a highly corruppt loan which was laundered in london. If tha loan hadn't happened, you know, mosanbe would have an awful lot more money to spend on poverty relief. It's actually potentially easier to have transparency wider, because a lot of this money then does go into bank accounts in the west. And if people knew that there was a risk that they wouldn't be able to keep that money because someone would confiscate it, that would reduce the likelihood that they would take that decision.

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