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does this sentence mean that economic aspect of decision making is not so important?

Whether aid giving as it has been practiced to date should continue or be augmented is a vital question. The weight of evidence, however, seems not to convince, or possibly the economic case does not count for much in the scales of decision making.

Development Economics through the Decades : A Critical Look at 30 Years of the World Development Report (2008), by Shahid Yusuf,p 83.

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The English idiom count for means to have value, importance or worth. Your dictionary's definition of count will include this idiom, and your dictionary should always be the first reference you consult when you have a question about usage in English.

In your sentence, subsitute have much importance for count for much. The meaning is then quite clear:

The weight of evidence, however, seems not to convince, or possibly the economic case does not have much importance in the scales of decision making.

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