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Foreign aid versus support to social entrepreneurs: Reviewing the way of fighting poverty in Zimbabwe

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  • Crispen Karanda
  • Nuria Toledano

Abstract

Despite the development interventions that have been adopted to help the countries caught in a downward spiral of impoverishment, their problems still persist. This paper focuses on the role that traditional foreign aid and the more recent bottom–up approach of supporting social entrepreneurs are playing to tackle the situation of extreme poverty in Zimbabwe. Drawing upon a narrative inquiry, 35 stories were collected to bring fresh insights regarding the realities of such interventions as they are experienced by the local people. The evidence shows the main shortcomings of the current development models and suggests that the improvement of a declining economy such as Zimbabwe would need the interaction of various factors, so that some interventions will appear significant only when the conditions of primary importance exist in the environment. Additionally, the engagement of local people seems to be a key aspect to the success of some of the support measures.

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  • Crispen Karanda & Nuria Toledano, 2018. "Foreign aid versus support to social entrepreneurs: Reviewing the way of fighting poverty in Zimbabwe," Development Southern Africa, Taylor & Francis Journals, vol. 35(4), pages 480-496, July.
    • Handle: RePEc:taf:deveza:v:35:y:2018:i:4:p:480-496
    DOI: 10.1080/0376835X.2018.1482198
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    Cited by:

    1. Karanda, Crispen & Toledano, Nuria, 2018. "The promotion of ethical entrepreneurship in the Third World: Exploring realities and complexities from an embedded perspective," Business Horizons, Elsevier, vol. 61(6), pages 881-890.

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