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Nobel Economist Abhijit Banerjee: USAID Cuts Will Leave Deep Scars
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India Currents
“It is an understatement to say that this is a rather critical moment for the world,” began Dr. Banerjee.
The study findings also show that USAID-supported efforts have helped to prevent more than 91 million deaths across all age groups, including 30 million deaths among children.
Dr. Banerjee stressed the importance of these wins in the fight against Global Poverty more than once.
Dr. Banerjee stated that for countries like China, India or Nigeria, aid is a small part of their budgeting needs.
What we need now is global political will and money.”Dr. Banerjee called for a rehaul of global aid.
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