Mark Littlewood comments on the government's latest proposal for foreign aid
“The evidence is clear: government foreign aid does not aid development. In fact, in many cases it does more harm than good through crowding out private investment – investment which drives economic growth – and by fuelling corruption by local elites.
“The government is right to seek to focus the aid that it gives, and to focus more on outcomes rather than simply the amount of money given, but its decision to raise the overall international development budget lies in complete contradiction to the whole body of evidence regarding government foreign aid outcomes.
“Aid given by people, rather than governments, is more effective. Private charities are both more accountable and better able to direct aid to those who need it. Rather than frittering away taxpayers’ money, the government should slash its aid budget, cut back taxes and allow a culture of private philanthropy to thrive. Problems caused by poverty around the world would be far better dealt with in this manner.”
Notes to Editors
To arrange an interview with Mark Littlewood, IEA Director-General, please contact Stephanie Lis, Communications Officer, 020 7799 8909, [email protected].
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