The Australian government is about to start lending money to the Pacific as part of a new aid initiative intended to help with infrastructure in the region. With Australia poised to start lending, the question needs to be asked: are the loans likely to work? Our analysis of the effectiveness of loans in the Pacific has led us to conclude Australia needs to proceed with considerable care.
Our analysis involved a global dataset of nearly 18,000 aid projects. [Read the rest of this post on Devpolicy.]
