Thursday, March 01, 2007

Olive Garvey Fellowship

The Garvey Fellowship Contest for junior higher education faculty and students is held every other year. The submission deadline is May 1, 2007. 2007 Garvey Fellowships will be awarded for the best essay on the topic:

“Is foreign aid the solution to global poverty?”

A 2005 United Nations report called for a doubling of foreign aid to poor countries as the means to reduce poverty. Yet the 2006 Nobel Peace Prize was awarded to a for-profit microloan bank and its founder, an apparent vindication of the ideas of Peter T. Bauer, Henry Hazlitt, Deepak Lal, and others. As Bauer wrote, “Development aid, far from being necessary to rescue poor societies from a vicious circle of poverty, is far more likely to keep them in that state.…Emergence from poverty requires effort, firmly established property rights, and productive investment.”

1500-3000 words, first prize for students is $2500.00
For more details including the guidelines, go to http://www.independent.org/students/garvey/
PG students, we'd be happy to critique your work if you want to apply.

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