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The lesson is clear for all who will remove their ideological blinders that the road to prosperity is economic freedom, not development aid. International institutions and major donor countries should stop handouts and pressure laggard countries to make free market reforms. But then, of course, international aid bureaucrats would be jobless. What a pity.

Richard W. Rahn is director general of the Center for Global Economic Growth, a project of the FreedomWorks Foundation.