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Absolutely. I'm just thinking that with many traditional programs the focus is on infrastructure, which directly helps to address both of these issues. (It is
by tempestn 11y ago
Absolutely. I'm just thinking that with many traditional programs the focus is on infrastructure, which directly helps to address both of these issues. (It is shared by everyone, at least in a local region, so doesn't tend to have negative consequences on those who don't receive aid. And because it doesn't directly involve injecting cash into the economy, Dutch disease is less of a concern.) That said, many of those programs certainly do have drawbacks, as discussed in the OP. So even with potential shortcomings, this approach might be better. I'm hoping to learn more to make a more informed decision as to whether that's likely the case.