TED Talks Daily
A fresh approach to international development | Faisal Saeed Al Mutar
Feb 19, 2025
Faisal Saeed Al Mutar challenges the traditional model of international aid, arguing that much of the funding fails to reach those it aims to help. He advocates for a revolutionary approach that treats aid like business investments, empowering local entrepreneurs. By sharing inspiring success stories from the Middle East, he highlights the potential for cost-effective and impactful change. This discussion emphasizes the importance of innovation, local context, and the role of technology in fostering sustainable development.
05:49
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Quick takeaways
- Faisal Saeed Al Mutar critiques the inefficiencies of international aid, highlighting that funds often do not reach those in need due to systemic failures.
- Proposing a new model, he emphasizes direct investment in local entrepreneurs, showcasing success stories that demonstrate the model's potential for community empowerment and job creation.
Deep dives
Rethinking International Aid
International aid systems are often criticized for their inefficiency, with a significant portion of funding failing to reach the intended recipients due to corruption and the presence of too many intermediaries. Despite the billions spent, like the trillions in Iraq and Afghanistan, the outcomes often fall short, leaving recipients without adequate support. Al-Mutar argues for a redefined model of aid that emphasizes direct investments into individuals, moving away from bureaucratic processes. By focusing on small grants that empower local communities, this new approach aims to create accountability and stimulate economic growth, ultimately enhancing the effectiveness of aid efforts.
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