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A noble effort to end poverty, Bono, but it is misdirected

By Jagdish Bhagwati

Published: February 28 2006 02:00 | Last updated: February 28 2006 02:00

Dear Bono,

Having worked in development for almost 50 years, and on foreign aid for almost as long, I confess to a slight sense of déjà vu regarding your collaboration with Bob Geldof to increase aid flows to reduce poverty, especially in Africa. After all, one may ask, which big policy figure in the developmental field in the postwar years has not worked towards the elimination of poverty and demanded that aid flows be increased to that end? Yet, I do not agree with those who write cynically that the poor have done more for the rock stars than the rock stars have done for the poor. Your dedication certainly lends an extra edge to the efforts made by many over the years in this great cause.

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