The U N s World Summit is Wrong on Development Assistance heritage.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heritage.org Daily Mail and Mail on Sunday newspapers.
Developed countries can assist development by encouraging good policy and opening their markets to developing country products, but success in development ultimately depends on developingcountries' adopting and implementing policies that promote economicfreedom, good governance, and the rule of law, which are the key toeconomic growth and development with or without foreign assistance.
By focusing on countries that are committed to policies conduciveto economic growth and development, the Millennium ChallengeAccount sends the right message that developing countries mustundertake reform to make development possible. The MCA captures thenature of this partnership by creating incentives for poor nationsto adopt economic freedom, the rule of law, and good governance.