Angus Deaton Quotes

The test for aid to poor nations is therefore whether it makes them capable of being productive. If it fails to do so, it is likely to make them even poorer in the - not so very - long run.

Foreign Assistance is not an end in itself. The purpose of aid must be to create the conditions where it's no longer need.

I have dedicated many years to economic study, up to the Ph.D. level, to analyze and understand the inherent weaknesses of aid and why aid policies have consistently failed to deliver on economic growth and poverty alleviation.

'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.

As of today, we do not need expert reports by the authoritative analytical institutions to realise that the reasons for such a situation in our community lie in global inequality, poverty and illiteracy.

Rich countries have been sending aid to poor countries for the last 60 years. And, by and large, this has failed.

Brazil has a lot of issues that are similar to a lot of countries in Latin America, but the dominant issue Brazil is dealing with is poverty and political corruption.

To deal with radicalism and extremism, we need to deal with economic inequality. This is what I learned from my experience in Solo and then in Jakarta.

Foreign aid might be defined as a transfer from poor people in rich countries to rich people in poor countries

The Playground of Foreign Aid Experimentation: From 2006 to 2011, development aid from countries and multilateral organizations amounted to more than $30 billion, with limited results, much of the funds fueling mismanagement and corruption.

When foreign assistance has a clear mission, buy-in from the aid-recipient country, and explicit metrics for implementation, the United States will be able to transition aid-recipient nations into strong trading partners. One of the greatest examples of this successful transition is South Korea.

Foreign aid, especially when there is a lot of it, affects how institutions function and how they change.

The absence of state capacity - that is, of the services and protections that people in rich countries take for granted - is one of the major causes of poverty and deprivation around the world.

The benefits of growth have not trickled down. Income inequalities have become one of the biggest global challenges, attracting growing attention not only in academic literature but also among policymakers globally.

Without a solution to the problems of the poor, we will not solve the problems of the world. We need projects, mechanisms and processes to implement better distribution of resources, from the creation of new jobs to the integral promotion of those who are excluded'.

Poverty is the parent of revolution.

Should we always wait for human tragedies to happen on the African continent in order to attract attention from America?

Keeping people on the margins of cultural, social and political life constitutes in many nations one of the most glaring injustices of our time.

Humanitarian help will never solve any problems. It is necessary to help us create some kind of economic infrastructure.

It's not an underclass anymore; it's an outer class.

Attacking poverty is very expensive, and means doing things politically that are either impossible or very difficult to bring off.

It is futile to speak of liberty as long as economic slavery exists … poverty is slavery!

You don’t produce development through aid; you produce it through private investment which creates jobs.

The overriding purpose of foreign assistance must be genuine development, not the assuaging of Western guilt or the care and feeding of the massive network of career professionals, non-profit organizations and private sector companies that constitute the global aid industry.

In a society of little economic development, universal inactivity accompanies universal poverty. You survive not by struggling against nature, ... or by relentless labor; instead you survive by expending as little energy as possible...