In the past, governments and international organizations used aid dollars as a panacea for a myriad of problems in the third-world. By treating relief and development efforts essentially the same, well-intentioned governments often caused more harm than good. While relief efforts are necessary to alleviate current suffering as a result of war, hunger and disease, the overextension of aid dollars can drown out emerging markets.
Development, on the other hand, is about societal and economic transformation through bottom-up entrepreneurial efforts. Making this distinction is critical for cultivating long-term economic growth.
In 2010, Sagamore Institute created the Bradley Project on Africa though the generous support of the Bradley Foundation. Drawing on the foremost figures in development economics, this project provided a blueprint for prosperity in Africa.
Now, as the leading African free-market think tank, ISOKO Institute picks up Bradley’s torch to break down old models of foreign aid and re-establish a new paradigm. Below is a resource comprised of articles, videos, and books to help curious minds navigate the shifting foreign aid conversation.
The White Man’s Burden