Optimizing Global Development Through Smarter Spending

Global development can be accelerated not by increasing spending, but by making smarter allocations of existing resources. With the rise of data availability, computing power, and improved research methodologies, especially randomized controlled trials, opportunities have emerged to identify interventions that yield significant returns on investment. Instead of pouring more money into ineffective programs, there is an actionable strategy to focus on underfunded yet transformative ideas that can drive progress. This approach highlights that maximizing the effectiveness of expenditures can result in considerable development gains without necessitating additional financial outlay.