I wrote last October about how poor nations that followed the pro-market recipe of the “Washington Consensus” in the 1980s and 1990s got good results. Johan Norberg addresses the same topic in this video.
Sadly, international organizations are infamous nowadays for the bizarre argument that developing nations should try to boost prosperity by imposing higher taxes and bigger government. I’m not joking.
I was even a credentialed participant at a conference on precisely this topic at the United Nations. It was a strange experience to be surrounded by anti-empirical people, but at least I wasn’t threatened
with arrest, as happened at an OECD event.
Needless to say, these folks also think it’s a good idea to use foreign aid to finance bigger fiscal burdens in poor nations.
I’ve previously explained why this is a bad idea, at least if we care about achieving more prosperity for people. Simply stated…
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Utopia, you are standing in it! 
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