The Impact of Global Aid and Unconditional Cash Transfers

Rory Stewart, President of Give Directly, discusses the importance of global aid and the effectiveness of unconditional cash transfers in combating extreme poverty. He highlights that while there was a decline in global poverty due to China's success, poverty in regions like Sub-Saharan Africa has increased. Stewart emphasizes the extreme destitution experienced by many, where people lack basic necessities and live in dire conditions. He argues that traditional development models have been flawed and that cash transfers provide the freedom for individuals to address their own needs and priorities. He also mentions the role of public infrastructure and good governance in poverty alleviation.