Despite immense expertise and foreign aid, billions remain in poverty. In this episode of Frontier Matters, Efosa Ojomo - co-author of The Prosperity Paradox - joins us to discuss the wishful thinking surrounding global development.
Episode Highlights:
The Reality of Poverty Reduction: Exploring why World Bank data shows poverty reduction grinding to a halt, and whether development theories have underestimated the impact of debt and conflict.
The Sequencing Debate: Do markets pull institutions and infrastructure into place, or is state capacity a mandatory prerequisite?
The AI Challenge: How the labour-light, winner-take-most nature of AI challenges traditional methods of job-heavy market creation.
Demand vs. Programs: Analysing the failure of temporary employment initiatives, such as Nigeria's N-Power, versus genuine demand-driven job creation.
Remembering Clayton Christensen: Ojomo shares candid, in-the-room insights about his long-time collaborator and mentor.
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