Friday, August 12, 2011

Development Aid

There is apparently a paradigm shift happening in the development aid sector. As donor governments reduce the amount of aid that they are giving, private philanthropy is gaining prominence in the development sector. If you are in the business of development or if this kind of discussion is your thing, check out the Bellagio Initiative.

I have to confess that I am seriously conflicted about the development aid thing. I "get" the point, sure, but you can't live on this continent without become deeply, deeply, deeply cynical about the geopolitics of the development industry. But to get back to the point, we pay a lot of lip-service to reducing our dependency on aid, and it will be enriching to watch the thinkers figure out how this new dynamic is going to impact the business.

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