Prahalad, C. K. / 2005. Aid is not the answer.
The Wall Street Journal, August 31st 2005: A8

There is an inherent paradox in the debate about poverty alleviation that escapes even the most sophisticated observers in the West. Consider the conventional thinking about China and India: They are seen as a threat to the West. The fear is not only about "exporting well paying U.S. jobs" but also about competition for resources such as oil and commodities. Yet India is home to more than 500 million people who live on less than $3 a day. In China, the number may be around 400 million. Just these two countries represent 900 million people in poverty, a larger number than the entire population of Africa. There are about 600 million in Africa who live on less than $3 per day. Why, then, do China and India evoke fear and anger, while Africa elicits pity and guilt?

> Download

Appeared in

Sector: Agriculture Health Insurance Mobile Phone Money, Phone
Region: Central Africa, East Africa, North Africa, Southern Africa, West Africa East Asia, South Asia, Southeast Asia