Development

Foreign Affairs Article

Banned Aid

Author: Jagdish N. Bhagwati

As the Zambian economist Dambisa Moyo argues, the concept of foreign aid is flawed -- not just because corrupt dictators divert aid for nefarious or selfish purposes but also because even in reasonably democratic countries, aid creates perverse incentives and unintended consequences.

See more in United States; Foreign Aid

Foreign Affairs Article

The Better Half

Author: Isobel Coleman

Efforts to provide the world's women with economic and political power are more than just a worthy moral crusade: they represent perhaps the best strategy for pursuing development and stability across the globe.

See more in Women; Economic Development; Global

Foreign Affairs Article

Freight Pain

Author: Marc Levinson

The golden age of globalization is over due to slower, costlier, and less certain transportation. In retrospect, Americans may lament too little globalization, not too much.

See more in Globalization; Global