Global Dispatches -- World News That Matters The Big Bets That Can Change Global Development | Raj Shah
Dec 4, 2023
Raj Shah, former USAID administrator and current President of the Rockefeller Foundation, discusses his book on the importance of 'big bets' for systemic change in global development. He emphasizes the need for ambitious strategies to combat issues like hunger, health crises, and climate change. Through examples like Gavi and lessons from COVID-19, he illustrates the impact of high-stakes commitments. Shah advocates for transformational approaches, highlighting the role of innovation and local partnerships in achieving sustainable development goals.
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Gavi: A Big Bet Example
- Bill and Melinda Gates' work with Gavi is a prime example of a 'big bet'.
- They aimed to vaccinate every child, transforming childhood immunization globally.
Ask Simple Questions
- Ask simple, direct questions to clarify complex problems.
- Focus on core issues, like cost per child for vaccination, to drive solutions.
COVID's Impact on Development
- Global development progress has been hampered by COVID and economic divergence.
- Wealthy nations invested heavily post-COVID, while developing nations struggled.
