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16min chapter
Can We End Poverty by Just Giving People Cash?
The Next Big Idea
Redefining Aid: The Cash Transfer Revolution
This chapter explores the author's experiences as the UK's Secretary of State for international development, focusing on the inefficiencies of traditional aid projects in countries like Zambia, Nigeria, and Malawi. It contrasts these experiences with the innovative cash transfer model used by NGO GiveDirectly, illustrating how direct financial assistance led to significant improvements in recipients' lives. The chapter advocates for a paradigm shift in poverty alleviation strategies, highlighting the advantages of allowing communities to control their own financial resources.
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