So what is foreign aid for? Apart from salving our colonial-past conscience?
I don't believe a country (or anything else) should be run based on anecdote and particularly those reported on behalf of our corrupt media barons living in tax-free havens.
I am a great believer in having the big battalions on your side: in shooting wars, in sport or trade and in economic terms Europe is a big battalion and plucky old UK "the best place to do business"? is not. Still, Austria manages to pootle along on tourism. It's not quite as great as the Austro-Hungarian Empire was - but it gets by.