{"id":263,"date":"2019-11-25T17:02:22","date_gmt":"2019-11-25T17:02:22","guid":{"rendered":"https:\/\/odfl.org\/blog\/?p=263"},"modified":"2020-11-07T04:16:02","modified_gmt":"2020-11-07T04:16:02","slug":"build-projects-or-give-money-which-is-best","status":"publish","type":"post","link":"https:\/\/tgup.org\/blog\/2019\/11\/25\/build-projects-or-give-money-which-is-best\/","title":{"rendered":"Build projects or give money?  Which is best?"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1022\" height=\"767\" src=\"\/blog\/wp-content\/uploads\/2019\/11\/Mureru-Kenya.jpg\" alt=\"\" class=\"wp-image-264\" srcset=\"https:\/\/tgup.org\/blog\/wp-content\/uploads\/2019\/11\/Mureru-Kenya.jpg 1022w, https:\/\/tgup.org\/blog\/wp-content\/uploads\/2019\/11\/Mureru-Kenya-300x225.jpg 300w, https:\/\/tgup.org\/blog\/wp-content\/uploads\/2019\/11\/Mureru-Kenya-768x576.jpg 768w\" sizes=\"(max-width: 1022px) 100vw, 1022px\" \/><\/figure>\n\n\n\n<p>Should charities invest in traditional forms of development assistance, or just give money directly to impoverished recipients?&nbsp; A new study sheds light on the question\u2026<\/p>\n\n\n\n<p>A charity, Give Directly, injected $1 million into a local economy in Kenya.&nbsp; It did it through a series of three $1,000 grants to villagers, spread out over a year.&nbsp; The campaign was part of an effort to find out whether giving money directly was more effective in lifting up disadvantaged communities that was traditional avenues of helping build infrastructure, access to health care, hygiene and sanitation, education, etc.&nbsp; <\/p>\n\n\n\n<p><a href=\"https:\/\/www.vox.com\/future-perfect\/2019\/11\/25\/20973151\/givedirectly-basic-income-kenya-study-stimulus\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"he results were studied (opens in a new tab)\">The results were studied<\/a> by economists from UC Berkeley.&nbsp; The result was a \u201c2.6 multiplier,\u201d meaning that the local economy grew by 2.6 times the amount of the grant itself.&nbsp; This occurred as the money was spent locally and recirculated time and again among local people.&nbsp; In the west, we call this \u201cKeynesianism,\u201d after the British economist John Maynard Keynes who proposed government spending to get the economy out of the Great Depression.&nbsp; <\/p>\n\n\n\n<p>The results provide a challenge to conventional thinking\nabout development assistance.&nbsp; Should we\ndo away with the traditional investment in development projects, and simply\ngive money directly?&nbsp; Conventional methods\nhave been notoriously unable to demonstrate the same kind of impact as is\nreported in this study.&nbsp; \n\n\n\nODFL scrupulously <a href=\"https:\/\/odfl.org\/impact\">monitors the impact\nof its investments<\/a> and they show the opposite:&nbsp; that well-conceived infrastructure\ninvestments can create tens of times their value in economic return. We will\ncontinue to follow this phenomenon and report on it as new data arrive\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Should charities invest in traditional forms of development assistance, or just give money directly to impoverished recipients?  A new study sheds light on the question\u2026<\/p>\n","protected":false},"author":3,"featured_media":264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/posts\/263"}],"collection":[{"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/comments?post=263"}],"version-history":[{"count":6,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/posts\/263\/revisions"}],"predecessor-version":[{"id":386,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/posts\/263\/revisions\/386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/media\/264"}],"wp:attachment":[{"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/media?parent=263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/categories?post=263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tgup.org\/blog\/wp-json\/wp\/v2\/tags?post=263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}