“Only Private-Sector Investment Can End Extreme Poverty” — USAID's Raj Shah

On the Center for Global Development's Blog, USAID Administrator Raj Shah has called for “massive private and commercial-sector investment” in development as imperative to ending extreme poverty. Dr. Shah, whose five year leadership of America’s international development agency ends next week, urged the development community to do more to bring forth large sums of private capital for much-needed infrastructure projects in developing countries.