Foreign Aid Flashcards
What did Truman say about reducing poverty
it undermides communism
interstate inequality v intrastate inequaity
intrastate inequality is not a great as interstate inequality
What are some of the obstacles to development and what do they all have in common
cycle of poverty, poor governance, adverse economic structure, weak property rights, political instability and civil conflict, weak infastructure
What does Findly say about cash transfers and the beauracracy
the beauracracy has good intentions but sometimes it is best to go ask the peope what they want and bypass the beauracracy
What has become more important in Foreign aid lately according to findly
impact evaluation
How does the government of the receiveing country affect how effective the aid is?
Important factor, sometimes the local govts give $ too and give oversight and approval. ppl are corrupt
What determines where US foreign aid goes?
$ goes to Us interests not moral concerns. We have interests not allies
What is the correlation between those countries making improvement and those that arent
those at war have a hard time making progress and those at peace havea lot better cahnce at improvement
What does Peter Singer say about a countrys moral obligation to help foreigners
should give to the point of marginal utility, no difference between negative and positive violence, “must do all we can”
Waht does the Practical Perspective say about developed countries obligation to help poor countries
Aid doesnt work and doesnt address the root problems so there’s no obligatin to contribute to aid that isnt effective
Libertarian PErspective on the moral obligation of Foreign AId
no moral duty to those in your own county or those ou tof it. Should have the freedom to do what you want to with your money
What is the local perspective on moral responsibility to give Foreign aid
obligations arent global b/c we haev to take care of our own people first.
What were some of the causes of the 08 financial crisis
US housing market, regulatory failures, ideaology that trusted the banks to not put themselves out of business, SAvings imbalance between Us and CHina,
What was th eProblem with the US response to the crisis initially
Inconcistent, congress initially denies aid and everyone panics
What were some of the political challenges to bailing out the banks
republicans hated to get invlved in the economy especially in an election year, hard to explain to local electorates why the govt is giveing lots of $ to banks
