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Some development aid gets misdirected. Did the World Bank try to suppress a paper saying so?

Photo by: Vox - All

World Bank headquarters in Washington, DC. | Brendan Smialowski/AFP via Getty Images A new paper explores money stashed in secret offshore banks when aid arrives. When the World Bank disperses aid to a poor country, the amount of cash in offshore accounts controlled by the country’s elites has increased by about 7.5 percent, according to a new working paper . This finding suggests that some...

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