Tuesday, May 7, 2019

Poverty and profit - the business of development aid


Hunger is one of the most common reasons why people flee their homelands. Politicians repeatedly say that the causes behind so many people leaving Africa for Europe have to be addressed. Can the development aid work performed by private companies bring about the desired change? The United Nations has set itself ambitious goals: eradicating poverty and hunger around the world by 2030. To achieve this, state development agencies are increasingly joining forces with the private sector. Governments claim that public funds are in limited supply, and that additional investment from businesses is necessary in order to achieve leverage effects. The use of entrepreneurial know-how creates a win-win situation for everyone involved, insist the proponents of public-private collaboration in the aid sector.

No comments:

Translate