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Curing Poverty Helps National Security

In: Economic Instruments of Security Policy

Author

Listed:
  • Gary M. Shiffman
  • James J. Jochum

Abstract

According to aid data from the Organization for Economic Co-operation and Development (OECD), during the past thirty years, often motivated by compassion, the international donor community has spent over $2 billion on development assistance for sub- Saharan Africa.1 With this assistance, economists predicted dramatic growth for the region, which has yet to truly materialize. Do we know why? Why is Bangladesh poor while Japan is rich? Why did the Industrial Revolution occur in Europe and not China? If we understand growth, why does poverty still exist? Poverty must be the lack of understanding or the inability to implement the policies we know to be conducive to growth. While many economists continue to debate how best to spur economic growth, some policy analysts argue that despite these mediocre results, there is another, overriding reason why we must provide aid to such impoverished regions—it is a matter of national security.

Suggested Citation

  • Gary M. Shiffman & James J. Jochum, 2011. "Curing Poverty Helps National Security," Palgrave Macmillan Books, in: Economic Instruments of Security Policy, edition 0, chapter 0, pages 165-180, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-12362-6_9
    DOI: 10.1057/9781137123626_9
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