In spite of massive flows over the past 50 years, aid has failed to have any significant impact on development. Marginalization from the world economy and increases in absolute poverty are causing countries to degenerate into failed, oppressive and, in some cases, dangerous states

"The Monfort Plan is a five-year, forward-looking plan to eradicate extreme poverty from the developing world, and details how microfinance has made a difference in developing countries. This book proposes a new institution, based in the developing world, with the potential to provide basic,...

In spite of massive flows over the past 50 years, aid has failed to have any significant impact on development. Marginalization from the world economy and increases in absolute poverty are causing countries to degenerate into failed, oppressive and, in some cases, dangerous states. To address...