Abstrakt
Poverty belongs among of the burning issues of today's world. The attempts at eliminating poverty rely primarily on the official development aid, an effort resting mostly in channeling funds from the developed countries into the developing ones.
Though East Asia witnessed three quarters of a billion people lifted out of poverty within 25 years, the development aid participated in this success just marginally. No drop in poverty can be seen in sub-Saharan Africa, despite the substantial aid that the region received.
As follows from the hitherto published analyses, poverty cannot be remedied by the development aid alone, but by greater involvement of the developing countries in international trade; by effective economic policy; by environment encouraging business; and by inflow of foreign investments.