USAID Impact » We must do better than cash
Via Scoop.it - Inclusive Business and Impact Investing
Cash can stifle economic development. That might seem counterintuitive. Aid is critical to ameliorating the plight of poor people living on far less a day than we spend on a latte. But physical cash can undercut many development objectives the U.S. government works to achieve. From improving aid effectiveness to shining a light on corruption to unleashing the private sector, cash gets in the way. If you care about reducing poverty, then you must also care about reducing the reliance on physical cash.
Via blog.usaid.gov
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