Monterey Institute of International Studies
6. What has changed in the development sector?

In the last ten years the development paradigm has evolved from the aid model to the disciplined investment model that demands both financial and social returns. This paradigm shift coincides with the change in views about people in low-income regions and the relationship between charity and global poverty. People want dignity, not dependence. They need market-based approaches to sustain growth and break the poverty cycle that depends on charity dollars.