Labour's aid cuts are morally wrong. Here's why they make no economic sense either | Larry Elliott
Briefly

The article argues against cuts to Britain's aid budget in favor of increasing defense spending, emphasizing that such reductions will lead to increased mortality due to diminished humanitarian response capabilities. It presents a dual rationale: moral, highlighting the life-threatening consequences of inadequate aid, and economic, underscoring that assistance to poorer nations ultimately serves the strategic interests of wealthier countries by creating new markets. The writer critiques the notion that realpolitik justifies these cuts, recalling historical precedents where aid has promoted both humanitarian and economic stability.
Cuts to Britain's aid budget will lead to higher mortality rates due to diminished funds for humanitarian efforts, vaccinations, and healthcare services in poorer nations.
The economic rationale behind providing overseas aid is rooted in global business opportunities, where wealthier countries find new markets in developing nations.
Realpolitik may drive decisions, but it cannot justify the loss of life and humanitarian support resulting from reduced aid budgets.
Historical examples, such as US Marshall aid, illustrate that aid spending not only addresses humanitarian needs but also serves national economic interests.
Read at www.theguardian.com
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