Clayton M. Christensen, the author of such business classics as The
Innovator's Dilemma and the New York Times bestseller How Will You
Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon
reveal why so many investments in economic development fail to
generate sustainable prosperity, and offers a groundbreaking
solution for true and lasting change. Global poverty is one of the
world's most vexing problems. For decades, we've assumed smart,
well-intentioned people will eventually be able to change the
economic trajectory of poor countries. From education to
healthcare, infrastructure to eradicating corruption, too many
solutions rely on trial and error. Essentially, the plan is often
to identify areas that need help, flood them with resources, and
hope to see change over time. But hope is not an effective
strategy. Clayton M. Christensen and his co-authors reveal a
paradox at the heart of our approach to solving poverty. While
noble, our current solutions are not producing consistent results,
and in some cases, have exacerbated the problem. At least twenty
countries that have received billions of dollars' worth of aid are
poorer now. Applying the rigorous and theory-driven analysis he is
known for, Christensen suggests a better way. The right kind of
innovation not only builds companies-but also builds countries. The
Prosperity Paradox identifies the limits of common economic
development models, which tend to be top-down efforts, and offers a
new framework for economic growth based on entrepreneurship and
market-creating innovation. Christensen, Ojomo, and Dillon use
successful examples from America's own economic development,
including Ford, Eastman Kodak, and Singer Sewing Machines, and
shows how similar models have worked in other regions such as
Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico.
The ideas in this book will help companies desperate for real,
long-term growth see actual, sustainable progress where they've
failed before. But The Prosperity Paradox is more than a business
book; it is a call to action for anyone who wants a fresh take for
making the world a better and more prosperous place.
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Review This Product
Tue, 14 Jun 2022 | Review
by: Morongwa P.
The book is great content, although the purchase with Loot was a pain. Ordered the book on 19 May and only received in the second week of June.
This is the disappointing bit about ordering with Loot, that they have stock but take too long.
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