18min chapter

The Political Orphanage cover image

How Nations Escape Poverty

The Political Orphanage

CHAPTER

Rethinking Development Aid: A Focus on Economic Reforms

Exploring the inefficiencies of development aid, this chapter contrasts the outcomes of aid with the success of free market reforms in countries like China and Taiwan. Emphasizing the importance of grassroots economic movements over top-down aid, it showcases examples from Poland and Vietnam as alternative models for promoting prosperity.

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