Here's a great note from Karol Boudreaux about what really works in efforts to reduce poverty in developing nations:
July 3, 2008
Editor, The New York Times
229 West 43rd St.
New York, NY 10036
To the Editor:
I work routinely in Africa and was heartened by Nicholas Kristof's account of Beatrice Biira's success at escaping poverty in Africa ("The Luckiest Girl," July 3). But his account needs clarification. Contrary to what readers might infer from Mr. Kristof's favorable mention of Jeffrey Sachs's encounter with Beatrice, this young woman's experience does not support Mr. Sachs's approach to ending world poverty. Mr. Sachs famously calls for large-scale, collective action by international organizations - for a "big push" based on big plans designed by big brains.
In contrast, an anonymous private donor started Beatrice on her path to success. A private charitable organization delivered a goat to her family and other private donors brought her to the US. Beatrice's success, far from supporting the Sachs model of development, instead supports William Easterly's contrary thesis - namely, that escaping poverty requires a multitude of small-scale, mostly private efforts.
Sincerely,
Karol Boudreaux
Senior Research Fellow, Mercatus Center
George Mason University
and
Lead Researcher, Enterprise Africa