The debate over foreign aid often pits those who mistrust "charity" against those who mistrust reliance on the markets. Jacqueline Novogratz proposes a middle way she calls patient capital, with promising examples of entrepreneurial innovation driving social change.
"If we take the notion of a global innovation fund we can invest not directly in government, though we will have the government's blessing, nor in international experts, but in the many existing entrepenurs and civil society members who are already building wonderful innovatioins that are reaching people all over the country."
No comments:
Post a Comment