Net Assessment

Can Foreign Aid Be Reformed? Should It Be?

Oct 16, 2025
The discussion dives into the failures of the UN's Sustainable Development Goals and the need to rethink foreign aid. Hosts debate whether cutting aid is necessary or if reform is the path forward. They explore how aid can sometimes entrench corruption, using Lebanon as a case study. The conversation shifts to the role of development in global power dynamics, particularly in relation to China. Future scenarios for aid suggest a geographic shift, with more focus on the Americas. The hosts also touch on recent US foreign policy and notable diplomatic achievements.
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INSIGHT

Aid Model Diagnosis Over Prescription

  • Adam Tooze argues the UN SDGs and Western aid models were unrealistic and merit rethinking.
  • The article diagnoses failure more than it prescribes concrete alternatives.
ANECDOTE

Layoff Story At Trader Joe's

  • Melanie Marlowe met a woman recently laid off from USAID while shopping at Trader Joe's.
  • The woman loved the work and had only been in the job a month before losing it.
INSIGHT

Institutions Drive Aid Impact

  • Aid effectiveness depends primarily on recipient institutions like rule of law, peace, and governance.
  • External assistance can only supplement domestic resource mobilization and long-term institutional capacity.
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