Date of Award
Bachelor of Arts
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 problems that the country faces today. This thesis will examine development in Tanzania throughout the past fifty years, and consider impact investment as one potential solution to self-sustainable growth. By combining philanthropic foresight with venture capital models, investors are able to generate significant social impact alongside financial return.
Kelter, Katherine, "Development in Tanzania: From Foreign Aid Dependency to Impact Investment". Senior Theses, Trinity College, Hartford, CT 2018.
Trinity College Digital Repository, https://digitalrepository.trincoll.edu/theses/717