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CIRP E Leland & Pyle Meet Foreign Aid? Adverse Selection and Cirpee  Form

CIRP E Leland & Pyle Meet Foreign Aid? Adverse Selection and Cirpee Form

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[Music] cows are awesome no seriously if you're a family in the developing world a cows a fantastic asset the milks nutritious you can sell it in the market for additional income and the manure is great for farming so a couple of years ago I was serving as Nepal's youth ambassador to the United Nations and one of the delegates told me a fascinating story a dutch NGO figured out how awesome cows are and decided to give a bunch to Indian villages to help them out sounds like a pretty good idea when they came back a year later they found a disaster unfolding you see what had happened was a bunch of the villagers took their girl child out of school to look after the cows there's now a generation of girls in these villages without an education aid the more important story for me is how good intentions the very best of intentions can lead to disaster the military has a term for this it's called friendly fire we're in the heat of battle in the confusion that ensues you end up shooting people

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