Stop giving fish, Start giving cash | Rory Stewart | TEDxBath
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- čas přidán 6. 12. 2023
- The answer to extreme poverty is more obvious than you think. International aid has often been wasteful and inefficient, something Rory Stwart saw firsthand again and again as the Minister responsible for the UK’s development spending. But there is something that works: giving cash directly. Over 300 studies and counting show that when given money directly, people in poverty spend it well, making lasting improvements to their health, education, income, and self-reliance. Those in need know best what they need; giving them money let’s them choose. Further demonstrations have found giving money to many people at once not only benefits them but also their neighbours, as the funds are spent and invested locally. Nothing could be a more effective than for the wealthier nations to provide far more cash assistance to the extreme poor. It will not only save and transform lives. It will show trust in their knowledge, respect, and dignity. Rory Stewart was a member of the British Parliament for almost a decade. During that time he served as secretary of state for international development, prisons minister, minister for Africa, development minister for the Middle East and Asia, and minister for the environment. He founded and ran the Turquoise Mountain foundation in Afghanistan, was the director of the Carr Centre for Human Rights Policy and the Ryan Family Professor of Human Rights Policy at Harvard Kennedy School. From 2000 to 2002 he travelled six thousand miles on foot across Asia, including Afghanistan. Stewart has written five books. He is a visiting Fellow at Yale’s Jackson school, hosts The Rest Is Politics podcast with Alastair Campbell and is a Senior Advisor for the non-profit GiveDirectly. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
Thank you.
Wow, how come this has so few views... great speech!
Effective aid=cash at ground level
Sad to think how much money has been spent in ineffective aid when the answer seems so simple. Although there might be risk of doing this on a large scale
Rory Stewart he live in A large house in Amman and he live like king . So how he can offered it if not givederict
What happens when they've spent all the cash?
Fair comment - £700 doesn't seem enough as a 'one shot life changer'. I guess the idea is that you've given people the opportunity to get closer to self-sustainment - but you're saying that might be a higher 'bar' that is out of reach. I guess you could deliberately lower expectations - 'there probably won't be any more money, but there could be'. It's not an ideal solution, you just set optimal conditions given the resources, then move on, record the outcome in some way, adjust & iterate.