The effectiveness of official development aid is the subject of heated debate. This column argues that aid affects recipient economies in extremely complex ways and through multiple and changing channels. Moreover, this is a two-way relationship – realities in recipient countries affect the actions of aid agencies. 

Indian voters and foreign observers have been understandably fixated on Narendra Modi's potential to repair India's economy and governance. Less attention has been paid to the possibility that he might also prove a transformative leader in India's relations with the world — until now.

Li Keqiang’s four nation visit to Africa in early May, the first since he became Premier last year, was kept off the front pages by the continuing unrest in Ukraine and theputsch by the Constitutional Court in Thailand. These issues are serious, but in many ways the story of China in Africa will almost certainly have a longer and deeper impact on the world, and deserves far more attention.

In 2005, Binyavanga Wainaina published a brilliantly sarcastic essay in Granta called “How to Write About Africa,” advising people on how to sound spiritual and compassionate while writing a book about the continent. “Always use the word ‘Africa’ or ‘Darkness’ or ‘Safari’ in your title,” Wainaina advised. 

US computer chip giant Intel is to invest close to $6 billion in upgrading its Israeli production facilities, Israeli Economy Minister Naftali Bennett said on Thursday.