Category Archives: Global Development

The inconvenient truth about foreign aid

Like political campaign contributions, today’s self-interested foreign aid often supports badly-designed development projects, imposes foreign investor-friendly policies on recipient countries, facilitates access to intended beneficiaries’ resources, helps aid-giving countries to look good on the world stage, all the while making unquestioning taxpayers in aid giving countries feel good about their supposed generosity.

Canada’s financial system one of the most secretive in the world: Report

The Tax Justice Network’s 2018 Financial Secrecy Index says Canada’s financial system is less transparent than that of notorious tax havens and countries often portrayed as corrupt by the mainstream media, such as China, Russia and Kenya. That makes Canada one of the key facilitators of illicit financial flaws, global financial crimes. and increasing global inequality.