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The Aid Trap

- Hard Truths About Ending Poverty
Af: William Duggan, R. Glenn Hubbard Engelsk Hardback

The Aid Trap

- Hard Truths About Ending Poverty
Af: William Duggan, R. Glenn Hubbard Engelsk Hardback
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Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector--the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.
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Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector--the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.
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Produktdetaljer
Sprog: Engelsk
Sider: 216
ISBN-13: 9780231145626
Indbinding: Hardback
Udgave:
ISBN-10: 0231145624
Kategori: Fattigdom og arbejdsløshed
Udg. Dato: 31 aug 2009
Længde: 18mm
Bredde: 137mm
Højde: 199mm
Forlag: Columbia University Press
Oplagsdato: 31 aug 2009
Forfatter(e): William Duggan, R. Glenn Hubbard
Forfatter(e) William Duggan, R. Glenn Hubbard

Kategori Fattigdom og arbejdsløshed

ISBN-13 9780231145626

Sprog Engelsk

Indbinding Hardback

Sider 216

Udgave

Længde 18mm

Bredde 137mm

Højde 199mm

Udg. Dato 31 aug 2009

Oplagsdato 31 aug 2009

Forlag Columbia University Press

Kategori sammenhænge