SIGAR on Economic Growth—Good History, Flawed Policy
Only a few countries still rely principally on foreign aid to generate economic growth. Afghanistan is one, but it too will have to increasingly rely on its ability to attract investment and generate internal capital flows. Because promoting foreign investment is an essential element of economic growth strategies, the new lessons learned report from the Special Inspector General for Afghanistan Reconstruction (SIGAR)—"Private Sector Development and Economic Growth: Lessons from the U.S. Experience in Afghanistan"—is important.
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