At the start of the year, I argued that capitalism was the way to get more growth in poor nations.
Foreign aid, by contrast, hasn’t worked very well.
…there’s a big difference between good intentions and good results. If you examine the evidence, it turns out that redistribution from rich nations to poor nations is just as counterproductive as redistribution within a society.
But don’t believe me. Professor William Easterly of NYU spent many years at the World Bank working on issues relating to economic development and he’s written entire books on the failure of foreign aid.
And here’s some of what he wrote for Cato back in 2006.
The West’s efforts…have been even less successful at goals such as promoting rapid economic growth, changes in government economic policy to facilitate markets,
or promotion of honest and democratic government. The evidence is stark: $568 billion spent on aid to…
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Utopia, you are standing in it! 
Nov 01, 2016 @ 10:18:23
Foreign Aid should complement trade policies however it rarely does.
Take an example. Foreign aid spent on infrastructure would facilitate trade as it boosts growth. too often foreign aid is seen by governments as an indirect way to boost home nations companies!
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