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Such an environment can create a culture of disinterest unless monetary handouts are involved.
This economic frontier will truly help the people, not from periodic monetary handouts, but via investments in the Haitian people.
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To look, as many Indians do, at Pakistan from such heights of ambition is to look at a struggling neighbor, economically reliant on International Monetary Fund handouts and politically blocked by the unworkable ideologies of Islam and a hyperactive military.
As their government turned to foreign governments and the International Monetary Fund for handouts, Icelanders' sense of national pride was severely wounded.
There is a nice irony that so many fund managers, fierce proponents of free market philosophy in public, are dependent on handouts from the monetary authorities.
In a one-time kicker to the waning forces of U.S. asset and debt bubbles, a combination of cheap money, lax monetary policy and huge federal tax handouts have put more costless cash into the hands of American households.
In the world of triumphant global capitalism, the small countries line up for handouts at the World Bank and International Monetary Fund, then meekly follow orders.
The government cannot afford more vote-pleasing handouts.A further, and larger, worry concerns monetary policy.
And before someone complains that this amounts to a taxpayer handout, consider the recent report by the International Monetary Fund that reports $1.9 trillion in annual subsidies worldwide to the fossil fuel industry.
Anyone who closely followed events of the 1990s had a clear idea of what a monetary union with the Federal Republic of Germany would entail: short-term spending power but long-term unemployment mitigated by handouts.
International Monetary Fund chief Christine Lagarde went on trial Monday in a Paris court, accused of negligence for allowing a huge handout to a well-connected businessman when she was in the French government.
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