Clayton M. Christensen, the writer of such business classics as The Innovator’s Dilemma and the brand new York Occasions bestseller How Will You Measure YOUR DAILY LIFE, and co-authors Efosa Ojomo and Karen Dillon reveal why a lot of investments in economic development fail to generate lasting prosperity, and will be offering a groundbreaking option for true and lasting switch.

Global poverty is one of the world’s many vexing problems. For many years, we’ve assumed wise, well-intentioned people will ultimately about The Prosperity Paradox: How Creativity Can Lift Nations Out of Poverty be able to modification the financial trajectory of poor countries. From education to health care, infrastructure to eradicating problem, way too many solutions depend on learning from your errors. Essentially, the program is often to recognize areas that need help, overflow them with assets, and hope to find modification over time.

But hope isn’t an effective strategy.

Clayton M. Christensen and his co-authors reveal a paradox at the heart of our method of resolving poverty. While noble, our current solutions aren’t producing consistent outcomes, and perhaps, have exacerbated the problem. At least twenty countries that have received vast amounts of dollars’ worth of help are poorer right now.

Applying the rigorous and theory-driven analysis he is known for, Christensen suggests an easier way. The right kind of advancement not merely builds companies-but also builds countries. The Wealth Paradox recognizes the limitations of common financial development versions, which tend to be top-down efforts, and will be offering a new framework for economic growth predicated on entrepreneurship and market-creating development. Christensen, Ojomo, and Dillon make use of successful examples from America’s personal economic advancement, including Ford, Eastman Kodak, and Vocalist Sewing Devices, and displays how similar versions have worked in other locations such as for example Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico.

The ideas with this book will help companies desperate for real, long-term growth see actual, lasting progress where they’ve failed before. But The Prosperity Paradox is normally more than a business publication; it really is a proactive approach for anyone who would like a fresh consider to make the world a better and more successful place.

Supplemental enhancement PDF accompanies the audiobook.