The Real Aid for Trade Switch

In 1968, Lester Pearson's commission proposed the idea of 0.7 per cent of GDP as aid, based on Marshall Plan experience and the dominant economic idea of the time around a "financing gap." However, it hasn't worked.

Parker Mitchell
Published: Wednesday, 05/20/2009 12:00 am EDT

In 1968, Lester Pearson's commission proposed the idea of 0.7 per cent of GDP as aid, based on Marshall Plan experience and the dominant economic idea of the time around a "financing gap."

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