OECD. taxation

Aid must change in order to tackle inequality: the OECD responds to Angus Deaton

Duncan Green - May 14, 2014

Guest post from Jon Lomøy, Director of the OECD Development Co-operation Directorate (DCD) Official development assistance – or aid – is under fire. In The Great Escape, Angus Deaton argues that, “far from being a prescription for eliminating poverty, the aid illusion is actually an obstacle to improving the lives of the poor.” Yet used properly, “smart aid” can be very effective in improving lives and …

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