The Aid Trap: Hard Truths About Ending Poverty (Columbia Business School Publishing)

The Aid Trap is a groundbreaking book that challenges the conventional wisdom on foreign aid and poverty reduction.

Written by two leading scholars in business and finance, this book provides a bold fusion of ethics and smart business, demonstrating how the same energy, goodwill, and money that we devote to charity can help local business thrive.

By diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies.

The authors show how this approach has already led to the lifting of millions of people out of poverty in China and India over the past twenty years. The Aid Trap is not just another book on foreign aid, it's a call to action for change.

It challenges the current aid system, which often supports noble goals but can also perpetuate corrupt leaders and keep economies stagnant.

The authors argue that by investing in local businesses, a sustainable system of development can take root, leading to long-term prosperity and poverty reduction. Don't miss out on this opportunity to make a real difference in the world.

Read The Aid Trap today and join the movement towards a more effective and sustainable approach to foreign aid.