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If poverty and underdevelopment are primarily consequences of poor institutions, then by weakening those institutions or stunting their development, large aid flows do exactly the opposite of what they are intended to do.
Angus Deaton
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"If poverty and underdevelopment are primarily consequences of poor institutions, then by weakening those institutions or stunting their development, large aid flows do exactly the opposite of what they are intended to do."
— Angus Deaton #moneywealth

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If poverty and underdevelopment are primarily consequences of poor institutions, then by weake…

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If poverty and underdevelopment are primarily consequences of poor institutions, then by weakening those institutions or stunting their development, large aid flows do exactly the opposite of what they are intended to do. — Angus Deaton

About Angus Deaton

Angus Deaton was a Economist from United Kingdom (1945–present).

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Who said "If poverty and underdevelopment are primarily consequences of poor institutions…"?
This quote is attributed to Angus Deaton, a Economist from United Kingdom.
When did Angus Deaton live?
Angus Deaton lived from 1945 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.