refugees boat Andreas Solaro/AFP/Getty Images

A Private-Sector Solution to the Refugee Crisis

The time has come to adapt development policies to the reality of what makes economies grow. Rather than simply handing money from one state to another, development funds must be used to mobilize the private sector.

BRUSSELS – International development is not just about alleviating poverty; it is also about delivering security, stability, and economic opportunities to poor and fragile communities, thereby preventing citizens from having to flee their home country in search of a better life. For a West eager to stem the flows of refugees and migrants from Africa and the Middle East, supporting development is a much more effective approach than building walls and razor wire fences.

https://prosyn.org/hc0tnoe