Posts by Nick Pak
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One thing I can’t understand is how McCully is proposing to measure the efficacy of NZ’s spending against those broad aggregate measures he suggested when it will be swamped by donations from other countries. NZ’s spending (US$3.6m) is less than 10% of all Development Assistance Committee and UN spending (~US $50m), which doesn’t even include China – who has apparently pledged over three times as much (US$160m) as all other spending combined, although good information is apparently hard to come by.
In light of this, does McCully actually have any way of doing what he proposes? Any economists out there?
hhttp://www.theage.com.au/opinion/chinas-support-of-fiji-does-little-for-fijians-20080821-3zk8.html