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Why Most Foreign Aid Does Not Go To the Poorest Countries

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<p>Here's a statistic that may surprise you: most foreign aid does not go to the poorest countries on earth. In fact, only about 30% of official development assistance from donor governments goes to the 47 least developed countries in the world. Why is that the case? What would be a more appropriate ratio of foreign aid to the poorest countries on earth? And what could these countries be doing to raise their own domestic sources of revenue so they are not as dependent on foreign aid?  </p> On the line with me to discuss these questions and more is Sara Harcourt of...
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