Monday, January 03, 2005

Nepalese fact of the day

According to the World Factbook, 28% from state budget and 60% of the development budget comes from the international community. Still, Nepal remains one of the poorest countries in the world. Only half of the population can read.

Clearly the development aid has not been too effective in this case. Hopefully the emergency aid to tsunami victims will be handled better.

The point of emergency aid is to restore the infrastructure that once was there and help over the worst. That should be easier than to do structural reforms in a backward country. We don't want the donation euros to get wasted, do we?

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