article thumbnail

Entrepreneurship Needs to Be a Bigger Part of U.S. Foreign Aid

Harvard Business Review

federal budget goes to foreign aid. It is actually only 1% of the federal budget, or $35 billion for all nonmilitary assistance. These colossal “beltway bandits” work everywhere from Afghanistan to Zambia and purport to offer expertise in everything from microfinance to micro-irrigation. That is wildly off.