Updating Institutional Technologies: A Purpose-Driven Fund t...

Updating Institutional Technologies: A Purpose-Driven Fund to End Extreme Poverty

A proposal for purpose-driven funds to end extreme poverty by harnessing digital cash transfer technologies and building on successful global health funding models.

brookings.edu

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Poverty is created by barriers; we have to get around or break down those barriers to deliver solutions. But that’s not all. The more I saw our work in the field, the more I realized that delivery needs to shape strategy. The challenge of delivery reveals the causes of poverty. You learn why people are poor. You don’t have to guess what the barrier

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These are problems that can only be solved by policymakers (including program managers working for donors, IFIs, and philanthropies) reclaiming their roles as bridges between rigorous academic research and policy formulation and implementation. That means internalizing the fact that the craft of policymaking is both an art and a science. Socio-hist... See more

Academic research and policy research are two different things

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Ideally, philanthropies ought to have disrupted the “traditional” international development players. The entrepreneurial backgrounds of most philanthropists should have meant greater focus on private sector growth and a much higher appetite for risk taking on project design. Yet the international development “field” completely tamed these impulses,

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Since 1950, the world has been on an unprecedented path of technological and economic convergence, and the gains have been much broader than income alone. Throughout the developing world, life expectancy has been rising, years of schooling have increased, rates of extreme poverty have been falling, and employment has been shifting away from manual

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To fight poverty, we have to see and study the barriers and figure out if they’re cultural, or social, or economic, or geographic, or political, and then go around them or through them so the poor aren’t cut off from benefits others enjoy.