Chavez Offers Billions in Latin America

August 28, 2007

On August 26th an Associated Press article, published in the Guardian Unlimited, quotes CGD senior fellow Liliana Rojas-Suarez on Venezuela's aid to developing countries.

From the article:

"You don't do things well by just giving money away," said Liliana Rojas-Suarez, a former IMF economist at the Washington-based Center for Global Development. "If you give money without any conditions attached, without any expectations, without anything, what are the incentives?"