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The Complete Idiot's Guide to Global Economics by Gregory Rehmke, Craig Hovey

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Chapter 16
Friends in Need
In This Chapter
• Does foreign aid create dependence?
• Distributing foreign aid—the risk of misspent funds
• Major public and private donors to developing countries
In April 2006, BBC News posted a story about firewood collectors in Ethiopia. These are females, from childhood to old age, who travel outside the city of Addis Ababa in search of firewood and spend a full day collectingand carrying a single load back to the city, where they can sell it for a couple dollars. The BBC story quoted a 10-year-old girl saying, “I don’t want to have to carry wood all my life. But at the moment I have no choice because we are so poor. All of us children carry wood to help our mother and father buy food for us. I would prefer ...

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