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> The unfortunate truth is that most money that goes into charities that operate in 3rd world countries gets spent on logistics, bureaucracy, and gets siphoned
by davorak 13y ago
> The unfortunate truth is that most money that goes into charities that operate in 3rd world countries gets spent on logistics, bureaucracy, and gets siphoned off by corrupt governments or stolen by thieves.
My understanding is that he was using givewell.org to help make his discussions along with the Bill & Melinda Gates Foundation founded research into the effectiveness of mosquito nets. Both of which provide some solid evidence of the effectiveness and long term impact.
> A much bigger impact would be to invest in those 3rd world countries (conscientiously), and provide jobs and livelihoods for those people.
This has to be weighed against the compounding returns that can be received from the money being used sooner. For example the mosquito nets save some lives help stabilize a village and allow them to invest more time in improving another aspect of their life. Usually to have this type of impact their is a critical amount of money that has to be invested at once. I do not know where that critical level is, it could as low as tens of thousands of dollars going through the right charity something that the discussed individual does yearly.