¡°At last we have a go-to primer that collects the many trends transforming the aid industry in one authoritative place! Raj Kumar is uniquely positioned to see how governments, nonprofits, businesses, and philanthropy are bringing new people and practices into the work of solving global problems. He also argues compellingly for ¡®open-source aid¡¯ and offers an invaluable guide to anyone considering a development career.¡±
¡ªAnne-Marie Slaughter, CEO, New America, and author of Unfinished Business
¡°If you believe, as I do, that now is our moment to end extreme poverty and achieve seemingly impossible sustainable development goals, read The Business of Changing the World. Raj Kumar persuasively argues that aid and philanthropy is entering a new era¡ªone which we can and must shape to meet humanity¡¯s greatest challenges in our time.¡±
¡ªMary Robinson, former president of Ireland
¡°Very few people view aid as an industry and fewer still know how it works. In this highly informative and accessible book, The Business of Changing the World, Raj Kumar gives us an intimate look at how the aid industry works, the new forces of disruption, and how we can shape this for a future of unprecedented good.¡±
¡ªNgozi Okonjo-Iweala, chair of the board, Gavi; former finance minister, Nigeria; and former managing director, The World Bank
¡°On these pages, you¡¯ll find stories that will renew your faith in humanity and others that will make you tear your hair out. But if extreme poverty is to be banished from this earth¡ªand soon¡ªwe need to face the realities of charity and aid head-on. Here¡¯s a book that finally does it.¡±
¡ªLarry Brilliant, founding executive director, Google.org, and author of Sometimes Brilliant
¡°The development industry is at the center of one of the most inspiring stories rarely told: how, precisely, tens of millions of lives have been saved. But it¡¯s also high time for fundamental changes in the way we do and even think about global development. The Business of Changing the World is essential reading for this new moment.¡±
¡ªMark Dybul, former US Global AIDS coordinator and former executive director, The Global Fund to Fight AIDS, Tuberculosis, and Malaria
¡°A vital and new perspective on how the aid industry must change to meet the urgent humanitarian needs of our time.¡±
¡ªElhadj As Sy, secretary general, International Federation of Red Cross and Red Crescent Societies
¡°For the first time in human history, we can dare to think of the possibility of eradicating poverty from the face of the earth. To achieve this goal we need the evidence-based, results-oriented approach championed by Raj Kumar¡¯s new book.¡±
¡ªSir Fazle Hasan Abed, founder and chairperson, BRAC
Chapter Page
Prologue: An Enduring Gift ix
Introduction: The End of Charily 1
1. The Billionaire Effect: Disruptors with Deep Pockets 18
2. The Demand for Results: Good Evidence Is Hard to Find 42
3. People, Not Widgets: What Do People Really Need? 71
4. The "Pure" Social Enterprise: Products with Purpose 91
5. Big Business for Good: Corporates Becoming Social Enterprises 103
6. Aid Goes Retail: Crowdfunding and Direct Aid 119
7. Open Source Aid: The Case for Openness 134
8. Systems Thinking: Embracing Complexity 148
9. Ending Extreme Poverty: Getting to Absolute Zero by 2030 170
10. Ushering in a New Era: What We Can Do 189
Acknowledgments 204
Notes 209
Index 230