The University of Copenhagen and World Bank “released” papers on the corrupt nature of world nations. It found that there was a correlation between financial havens like Swiss bank accounts increasing in volume when there are higher crude oil prices or a windfall of aid from foreign donors.

The World Bank that pays-out to 22 aid-dependent countries was followed by a 5% increase in Swiss deposits. The Paper does note that a correlation between aid payouts and offshore deposits is not proof of causation.

The Paper, rather than being “released,” was actually leaked to the news outlet “The Economist” after senior World Bank officials blocked it. Does one wonder where all these harmless-sounding political think-tanks and research institutions get their funding?

The Paper: https://www.nielsjohannesen.net/wp-content/uploads/AJR2020-WBWP.pdf

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