Reducing World Poverty

Gordon Brown, Britain’s chancellor of the exchequer, proposed a new kind of Marshall Plan to help the world’s poorest nations. Brown wants the richest countries including the United States and Britain to double their aid from $50B to $100B annually. This article argues that instead of doubling the grant aid hand-outs America should show her human face by coming out of the closet about production sharing as a primary means of economic development, and double support by giving private sector businesses preferences such as tax breaks to take their production to impoverished countries.