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In 2017, $146 billion was spent on aid and development.To take the most glaring example: the OECD estimates more than 20 percent of development aid is being spent on climate-change-related projects and activities.Consider the often overlooked -- and politically frowned-upon -- development target of universal access to family planning, which the analysis showed would cost $3.6 billion annually.The total benefits to society from every dollar spent would reach some $120 .The evidence suggests that providing better nutrition for 68 million children each year would produce more than $40 in long-term social benefits for every dollar spent.An expert panel of economists, including two Nobel laureates, found that every dollar spent on these and the rest of the 19 most effective global development targets would return $20-$40 in long-term social benefits. In contrast, allocating funds evenly across all 169 targets would yield benefits worth less than $10 per dollar spent.Cost-benefit analysis should not dictate how every aid and development dollar is spent.
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