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Development In Tanzania: From Foreign Aid Dependency To Impact Investment, Katherine Kelter
Development In Tanzania: From Foreign Aid Dependency To Impact Investment, Katherine Kelter
Senior Theses and Projects
The foreign aid system today is broken. Developing countries should seek to experiment with new strategies to alleviate poverty. This thesis focuses specifically on the development of Tanzania as an example for East Africa. The population in East Africa is growing at an alarming rate, yet most live on less than $1.10 a day. How can African countries prepare for such a rapid increase in population growth? How can a country with such high poverty levels take on such high growth and spread its benefits across the entire population? Traditional aid systems with a top-down approach will not solve the …