A report out today by the World Bank has urged a rethink on what aid spending should target. According to the report, there should be more focus on the justice system, policing and ensuring political stability, rather than on health and education.
Is this a new take on "trickle-down" economics ? Or is it reasonable to suggest that money spent on developing health and education systems in failed or failing states is a waste of money ?
Report is available here.
BBC background article available here.