Why Foreign Aid Fails

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Burundi’s economy has been battered: first by years of conflict, then Covid-19. And so the World Bank has stepped in and provided $40 million in aid – with another $150 million still to come. Hundreds of thousands of the poorest households will receive cash – with some targeted a ...  Show more

Why do some countries stay poor while others find a rapid path towards growth and development? Economist Stefan Dercon thinks it’s all about the willingness of those in power to prioritise development over protecting their own interests. He explains how he came to this view in ...

Are traditional philanthropy efforts actually taking money from the poor? Former UK Member of Parliament Rory Stewart breaks down why many global development projects waste money on programs that don't work. He advocates for a radical reversal rooted in evidence: giving unconditi ...  Show more

Does America have a moral obligation to the world? The former Department of Government Efficiency staffer Jeremy Lewin, now deputy administrator for the United States Agency for International Development, explains how he is implementing President Trump’s foreign aid philosophy ...