Investments in the future: A new approach to foreign aid
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Paul O'Connell |
TED@State Street London
• November 2014
Poor countries need support in order to advance, but there are limits to how much aid can be gifted. How can developed nations encourage long-term help on a grand scale? Financial economist Paul O'Connell proposes a radical approach: enlist private investors to take on the challenge of high-impact causes in developing countries, such as expanding vaccination access in Nigeria. The dividends will pay out on a global scale.