Local Entrepreneurs as Recipients of Foreign Aid

From Iqbal Qaudir at MIT’s Legatum Center

In short, America should stop pouring billions into bureaucracies to buy short-term alliances and focus its efforts on bottom-up entrepreneurship. This would increase America’s popularity, alleviate poverty, and promote real democratic change in these developing countries.

We should encourage governments to be sustained by citizens’ taxes — that is, democracies. Democracies will be enduring allies of America.

Foreign Aid and Bad Government