TED Talks | Ashraf Ghani: How to fix broken states
May 14th, 2007Amazingly thought-provoking talk at TED2005 by the brilliant Dr. Ashraf Ghani
Very insightful approach to developmental issues…
“The aid system is broken,” says Ashraf Ghani in this powerful, reform-oriented talk. He discusses how to mobilize capital for state-building; why technical assistance fails; and why classic economic theory proved useless in Afghanistan, which is “dominated by the drug economy and a mafia.” He emphasizes the necessity of investment (”A dollar in private investment is equal to 20 dollars of aid”) and design ingenuity to rebuild broken states. And he offers a blueprint: the 10 key functions that a state should perform, from providing infrastructure to enforcing the rule of law.