Date: October 5th, 2007

Filling a sieve

5 October, 2007 (09:17) | Finance, Global news, Markets | No comments

How much water does it take to fill a sieve?
 

It’ll fill eventually, won’t it?
 
That, says Raymond W. Baker of the Global Financial Integrity Project, is why foreign aid fails — because even faster than it is poured into deserving countries, it pours out via illicit financial transactions. 
 

Raymond W. Baker
 
As he put it in [...]