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New Finance & Development issue

December 5, 2012

The December 2012 issue of F&D looks at the world of targeted giving and social entrepreneurship. By combating malaria with mosquito nets or building schools and providing basic sanitation, philanthropy is helping transform the developing world. Rich donors are devoting fortunes-many of them earned through computer software, entertainment, and venture capitalism-to defeating poverty and improving lives, supplementing and in some cases surpassing official aid channels. From billionaires Bill and Melinda Gates and Warren Buffett to Aliko Dangote and George Soros, the titans of capitalism are backing good causes with their cash. Whether financing new vaccines, building libraries, or buying up Amazon rain forest to protect the environment, philanthropists are supporting innovations and new approaches that are changing lives and building dreams.