02692nam 2200589 a 450 991078101490332120230721010033.00-231-51950-8(CKB)2550000000018582(EBL)908181(OCoLC)826477016(SSID)ssj0000481703(PQKBManifestationID)12214191(PQKBTitleCode)TC0000481703(PQKBWorkID)10484205(PQKB)10388546(MiAaPQ)EBC908181(Au-PeEL)EBL908181(CaPaEBR)ebr10387033(EXLCZ)99255000000001858220090528d2009 uy 0engur|n|---|||||txtccrThe aid trap[electronic resource] hard truths about ending poverty /R. Glenn Hubbard, William DugganNew York Columbia Business School Pub.c20091 online resource (217 p.)Columbia Business School PublishingDescription based upon print version of record.0-231-14562-4 Includes bibliographical references (p. [179]-187) and index.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.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,Columbia Business School PublishingEconomic assistanceDeveloping countriesPovertyDeveloping countriesEconomic developmentDeveloping countriesEconomic assistancePovertyEconomic development338.9109172/4Hubbard R. Glenn119121Duggan William R1102205MiAaPQMiAaPQMiAaPQBOOK9910781014903321The aid trap3672823UNINA