Over the last few decades, the amount of money given in development aid has increased considerably in recent decades, from 86 billion constant US dollars in 2002 to 223 billion in 2023. However, challenges associated with development persist, raising the question of aid effectiveness. Is it the size of the budgets allocated that is lacking, or is it the way in which this aid is spent? Economist Nathalie Ferrière explores the issue.
January 08th 2025
