Simple solutions for complex problems…
AID INFERNO: A NEW BO0K FROM EJ BREARLEY
The persistent gap between rich and poor countries raises questions about human selfishness and the effectiveness of global economic systems, particularly whether the West's aid efforts, led by institutions like the World Bank, genuinely aimed to uplift the "Rest" or merely exploited cheap labor and lax regulations for their own gain. Despite the World Bank's lofty motto, "Our Dream is a world free of poverty," decades of aid have often resulted in failure, marked by mission creep, dysfunction, and wasted billions, with devastating consequences like malnourishment in Ethiopia, sexual violence in Liberia, and marginalization in Peru and Guatemala. This book traces the history of the development industry from post-World War II optimism to modern disillusionment, arguing that the World Bank's competing interests undermine its utopian vision and proposing a humbler, more effective aid system.
How can we make the world a better place?
Sustainable
Recent months have shown that supply chains not only carry goods also climate challenges, health risks and geopolitical tensions: now is the time to establish a common framework for stress tests and prioritization to ensure global value chains must work for people, and our planet
Equitable
Research has shown that women and men work best in mixed teams when everyone’s voice counts: now is the time to create companies where diversity and inclusion is baked into corporate structures using insights from behavioral economics and smart systems
Profitable
Economics and politics are inextricably linked: the solid methodological rigor of one compliment the behavioral insights of human institutions on the other—facing the challenges of today will require public-private cooperation and partnerships to spur economic dynamism and preservation of the natural environment
