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0.7 Percent Is Stupid

I’ve been sitting in lots of meetings and covering paper with lots of ink recently about the Sustainable Development Goals and Financing for Development.  And when the topic of aid comes up I nod sagaciously along with others in the room when someone says “well, of course, there won’t be any more aid coming out of the Addis financing conference, it is all about redistributing the pot.” Sometimes I’m the one to write or say it, then have a brief chat about that redistribution before switching to other topics like private finance or trade.