How an aid gusher helped and hurt Liberia

Two violent civil wars in Liberia killed a quarter million people between 1989 and 2003 and destroyed the West African country’s economy. A massive influx of foreign aid followed that turmoil, ushering in a period of relative peace and stability. According to the World Bank’s database, total aid fell from an all-time high in 2010 of US$359 per capita to about $130 in 2013. Having lost so much foreign support, Liberia’s economy is struggling.