1.

Record Nr.

UNINA9910808990903321

Autore

Hubbard R. Glenn

Titolo

The aid trap : hard truths about ending poverty / / R. Glenn Hubbard, William Duggan

Pubbl/distr/stampa

New York, : Columbia Business School Pub., c2009

ISBN

0-231-51950-8

Descrizione fisica

1 online resource (217 p.)

Collana

Columbia Business School Publishing

Altri autori (Persone)

DugganWilliam R

Disciplina

338.9109172/4

Soggetti

Economic assistance - Developing countries

Poverty - Developing countries

Economic development - Developing countries

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. [179]-187) and index.

Nota di contenuto

Introduction: the charity trap -- Business first: the roots of prosperity in the modern world -- Business last: the roots of failure in poverty aid -- Strong medicine: the Marshall plan as a business model -- Chase the devil: details for a Marshall model -- Conclusion: make it your business.

Sommario/riassunto

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& mdash;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,