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Opinion

Aid to Central America Rewards Bad Behavior

Aid to Central America Rewards Bad Behavior
Honduran migrants take part in a caravan towards the United States in Chiquimula, Guatemala on Oct. 17, 2018. ORLANDO ESTRADA / AFP
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A Guatemalan congressman once shared with me that NGOs in Central America deny or are reluctant to report development achievements, fearing that, should they succeed, their funding will stop.
Herein lies the destructive impact of taxpayer-funded foreign aid. If there is money flowing, without private accountability, suddenly everyone has a problem and no incentive to fix anything. Being a Third World nation is as much a boon for people with the right connections as it is for First World workers who enjoy cushy roles and live in gated communities in exotic locations.
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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