A fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that 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. --from publisher description.
Bibliography, etc. Note
Includes bibliographical references (pages 179-187) and index.
Formatted Contents Note
1. Introduction: the charity trap; 2. Business first: the roots of prosperity in the modern world; 3. Business last: the roots of failure in poverty aid; 4. Strong medicine: the Marshall plan as a business model; 5. Chase the devil: details for a Marshall model; 6. Conclusion: make it your business.