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Most of the world’s poorest people now reside in middle-income as opposed to low-income countries. Reuters/James Akena

Development aid works over time, but must adapt to 21st-century needs

Recent studies show that development aid to poor countries contributes in the long term to their economic growth. But the aid architecture has adapted slowly to a new reality.
The Monday market in front of the Grand Mosque of Djenné, Mali. qiv/Flickr

Why the recovery plan for Mali is unconvincing

The international conference for the economic recovery of Mali resulted in promises of substantial aid, but the areas targeted fail to address the country's real needs.
A freeze of donor funding has resulted in the Malawian government not hiring a group of nurses and intern doctors. Reuters/Eldson Chagara

How IMF’s loan freeze will affect health care in Malawi

A group of junior doctors, nurses and healthcare workers will not be employed by the Malawian government this year as it is cuts its wage bill to satisfy its international donors.
Greek demonstrators protested as its government voted to accept the latest austerity conditions. Greece would have been better off exiting the Eurozone. AAP/New Zulu/Gael Michaud

Greece’s best chance of escaping economic misery was a ‘Grexit’

If Greece exited the Eurozone it would face several years of economic chaos. But it would be the master of its own destiny. The current EU offer will further destroy the Greek economy.
Under pressure to do a deal: Alexis Tsipras. EPA/Jerry Lampen

Tsipras may have just done the best deal possible for Greece

Backed into a corner as the banks reached the brink, the Greek prime minister may have fashioned some sort of success, and the prospect of something approaching debt relief a little down the line.
The No vote won it. EPA/Armando Babani

Greece votes No: experts respond

Academic experts respond to the No vote in Greece's referendum on whether or not to accept a bailout offer from their international creditors.

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