Unraveling Madagascar’s Success


Image: Politico via http://www.aidwatchers.com

In a sad and unsatisfactory “I told you so” moment, William Easterly laments Madagascar’s economic woes. Justifiably, he blames the US for countermanding African Growth and Opportunity Act (AGOA), which was created to stimulate economic growth and improve trade relations by relieving certain African exports of US tariffs and quotas.

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