REUTERS/Umit Bektas - Syrian people carry their belongings as they enter Turkey with their family from the Turkish Cilvegozu border gate, September 4, 2013.

Policy Brief

The Case for Capital Alignment to Drive Development Outcomes

September 2013, John E. Morton and Astri Kimball

John E. Morton and Astri Kimball argue that the tools, resources and energies of philanthropic and private capital can be aligned in pursuit of targeted development challenges in such a way that crowds in private investment capital—both from impact investors and more commercial investors. They make the case that development finance institutions, such as OPIC, are uniquely positioned to be the connector that helps align these groups.

  • In the News

    Aid agencies tend to jump in to help countries, duplicating efforts and complicating matters for governments that have limited capacity to deal with so many organizations.

    June 15, 2013, Laurence Chandy, Reuters
  • In the News

    Unless growth goes through the roof, it is not possible to maintain the trend rate of poverty reduction with so many fewer individuals ready to cross the line.

    May 30, 2013, Laurence Chandy, The Economist
  • In the News

    [A large group of people are currently hovering near the $1.25-a-day poverty line.] It is a dismal reflection of human progress, but it also has an upside. The potential for further poverty reduction over the immediate future is there for the taking.

    May 9, 2013, Laurence Chandy, Washington Post
  • In the News

    M-Paisa has made a big contribution toward eliminating corruption and theft in Afghanistan’s public sector. It fundamentally changes what it means to be poor.

    March 2, 2013, Laurence Chandy, TIME
  • In the News

    Within as little as three years, almost all adults in Kenya were banked; they were using [mobile money.] This is in a country where around two-thirds of people live below $2 a day and typically don’t have access to formal financial services.

    November 22, 2012, Laurence Chandy, Voice of America
  • In the News

    Roughly speaking, 1 billion people have been lifted out of poverty since 1990, in China, India, Vietnam, Indonesia and even now in sub-Saharan Africa. In the last decade, we've had the most rapid reduction in poverty in history.

    October 24, 2012, Homi Kharas, Global Post
  • In the News

    When we talk about poverty in the developing world, we use an absolute poverty line of a dollar a day. It doesn't matter whether the country grows richer over time, we stick with that same measure. Whereas in…Western countries, we use a relative measure of poverty, which does change over time [and] does change with the fortunes of the other people in the economy.

    September 5, 2012, Laurence Chandy, CNN
  • In the News

    The global economic recovery is still sputtering due to a lack of robust demand, policy tools that are stretched to their limits and unable to muster much traction, and enormous risks posed by weak financial systems and political uncertainty.

    April 15, 2012, Eswar Prasad, Financial Times
  • Interview | UNICEF

    The Changing State of Global Poverty

    August 26, 2011, Laurence Chandy and Geoffrey Gertz

  • Expert Q & A

    Does Global Corporate Philanthropy Reach the People Who Need Help?

    June 10, 2011, Justin W. van Fleet

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