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What is the impact of aid on overall health spending?
April 23, 2010
Fungibility makes aid complicated. Where does the money go? The Lancet has put the cat among the aid pigeons with its recent piece on the arcane, but important issue of ‘aid fungibility’. This claims that for every $1 given in health aid, the recipient government shifts between 43 cents and $1.14 of their own spending to other priorities. (If the
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