THE AID TRAP
Hard Truths About Ending Poverty
By R. Glenn Hubbard / William Duggan
"The Aid Trap is not about the failure of conventional aid but provides the outline of a solution that can work if taken seriously. It is that rare prescriptive book, and the world must pay attention"
— Muhammad Yunus, winner of the Nobel Peace Prize, founder of the Grameen Bank
R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, offer a new Marshall Plan for the world's poorest nations. They argue that switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries.
* Watch a video of R. Glenn Hubbard discussing The Aid Trap.
* Read a review from Finance and Development.
* R. Glenn Hubbard on Leonard Lopate.
* R. Glenn Hubbard discusses making aid go farther with Maria Bartiromo on CNBC.
* "Bypassing the aid trap in Pakistan", a Washington Post op-ed by R. Glenn Hubbard.
* "The Berlin Wall of Aid: When Will It Fall?", R. Glenn Hubbard's Wall Street Journal op-ed.
* Listen to an interview with Glenn Hubbard on NPR's Planet Money.
* R. Glenn Hubbard on Felix Salmon's Reuters blog.
* R. Glenn Hubbard's appearance on the Nightly Business Report.
* "Africa's new apartheid", R. Glenn Hubbard's op-ed for Fortune.
* Read a review of The Aid Trap in Forbes and watch R. Glenn Hubbard on Forbes Business Visonaries.
* For more recent articles and media appearances by R. Glenn Hubbard and reviews of The Aid Trap.
— Muhammad Yunus, winner of the Nobel Peace Prize, founder of the Grameen Bank
R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, offer a new Marshall Plan for the world's poorest nations. They argue that switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries.
* Watch a video of R. Glenn Hubbard discussing The Aid Trap.
* Read a review from Finance and Development.
* R. Glenn Hubbard on Leonard Lopate.
* R. Glenn Hubbard discusses making aid go farther with Maria Bartiromo on CNBC.
* "Bypassing the aid trap in Pakistan", a Washington Post op-ed by R. Glenn Hubbard.
* "The Berlin Wall of Aid: When Will It Fall?", R. Glenn Hubbard's Wall Street Journal op-ed.
* Listen to an interview with Glenn Hubbard on NPR's Planet Money.
* R. Glenn Hubbard on Felix Salmon's Reuters blog.
* R. Glenn Hubbard's appearance on the Nightly Business Report.
* "Africa's new apartheid", R. Glenn Hubbard's op-ed for Fortune.
* Read a review of The Aid Trap in Forbes and watch R. Glenn Hubbard on Forbes Business Visonaries.
* For more recent articles and media appearances by R. Glenn Hubbard and reviews of The Aid Trap.