Today’s Solutions: May 01, 2024

Shifting the way we view foreign aid is integral in the future success of aid initiatives. A common way of perceiving aid is as a handout to someone in need with no plans of future return on your donation. This is wrong. The interlaced global economy we are part of is not as isolated as that– which is a good thing. When developing countries do better, than so do countries in the west and the entire global community. Instead of giving money away and expecting it to help, view it as an investment that you will one day get back– this holds both the person receiving the donation responsible and will spur more charitable investing because people will begin to view giving not as a tax write–off, but as a smart investment in which everyone can make money on and benefit. | Read more about this shift in giving on Businessweek

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