In the fight against poverty, few issues are more contentious than the allocation of the billions of dollars set aside to help those in need. Whether the money comes from private donations or state tax revenues, arguments over how to use the monies arise both in domestic and international politics. This debate usually focuses on balancing two competing interests: providing significant, meaningful help while promoting independence rather than dependence. (John Hoffmire is Director of the Impact Bond Fund at Saïd Business School at Oxford University and directs the Center on Business and Poverty at the Wisconsin School of Business at UW-Madison.)
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