I have always wondered about the third world countries we give cash to. You just know the dictators who run those countries make sure that they pocket as much of it as possible. It makes more sense to me to have other organizations go in and personally assist the people who need the help. This is how Rotary International has been fighting, pretty successfully, polio.
Deaton, an economist at Princeton University who studied poverty in India and South Africa and spent decades working at the World Bank, won his prize for studying how the poor decide to save or spend money. But his ideas about foreign aid are particularly provocative. Deaton argues that, by trying to help poor people in developing countries, the rich world may actually be corrupting those nations’ governments and slowing their growth. According to Deaton, and the economists who agree with him, much of the $135 billion that the world’s most developed countries spent on official aid in 2014 may not have ended up helping the poor.