Collier

Paul Collier describes a term in his book The Bottom Billion, on “conditionality” on which a country could only receive aid if they were to change some of their business practices. He was referring to the the poorest of all countries in the world, but it seems that we were guilty of it in the great bailout. Execs from giant corporations were pretty much given money with no restrictions on how to spend the money. I understand to a certain extent the bailout, but if business isn’t working a change is needed.

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