Big Ideas: Reaching beyond Poverty Alleviation

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Title: The biggest problem with poverty alleviation programs…is that they actually work
By: Efosa Ojomo, Christensen Institute

POVERTY VS PROSPERITY

“If the World Bank and other development institutions set up a small unit that targeted market-creating innovations in poor countries, they would begin to model their development initiatives after those of countries that have worked. The results would not simply be a temporary alleviation of poverty, but potentially a permanent creation of prosperity.But for all this to work, as counterintuitive as it might be, we must stop thinking about how to alleviate poverty. Instead, we should start thinking about how to create prosperity.”

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