Raj Kumar
President and Editor-in-Chief at Devex
President & Editor-in-Chief @devex. Author of The Business of Changing the World https://t.co/6QTO9LkEgx Unlucky angler 🎣. Luckier in love: @MariaTeresa
Articles
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2 months ago |
devex.com | Raj Kumar
MUNICH — The European Union faces increased pressure to fill critical gaps in democracy and development programs as U.S. foreign assistance cuts take hold, European Parliament President Roberta Metsola said on Saturday at the Munich Security Conference, addressing the Trump administration’s restructuring of USAID. During her speech at MSC, Metsola acknowledged a surge in requests for EU assistance from international partners grappling with potential U.S. funding gaps.
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Feb 14, 2025 |
devex.com | Raj Kumar
MUNICH — Despite a federal judge's order blocking the Trump administration's foreign assistance freeze on existing contracts, the attempted dismantling of the U.S. Agency for International Development could signal the beginning of a broader effort to reshape multiple federal agencies, U.S. Sen. Andy Kim has warned.
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Jan 20, 2025 |
devex.com | Raj Kumar
The World Economic Forum in Davos is serious business — literally. C-suite executives descend on the Swiss resort town each year in the hopes of hatching big deals. The glitzy affair has for decades been associated with investment and geopolitics. But besides the wealthy CEOs and political heavyweights, Davos also attracts people across the development and humanitarian sphere, in large part because of the growing recognition that improving the world’s lot requires the help of the private sector.
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Jan 13, 2025 |
devex.com | Raj Kumar
Picture a giant iceberg slowly disappearing into warming waters. It might conjure up an image from a climate change campaign. But this year it could be an apt metaphor for traditional foreign aid — a massive structure built over decades, now transforming before our eyes. Think of traditional development assistance — or "Old Aid" as I call it — as that melting iceberg. It's grown enormously, with official development assistance more than quadrupling since 2000.
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Jan 10, 2025 |
devex.com | Raj Kumar
Icebergs melt slowly, deceiving us with their appearance of stability. Dial-up internet, with all its whirring and beeping, was a melting iceberg: Even after the advent of broadband, it took more than a decade before this clearly inferior technology effectively disappeared. “Old Aid,” as I termed it in my 2019 book “The Business of Changing the World,” is much the same.
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Philanthropy failing its mission while aid collapses? Impact measurement just theater? Join me May 14th at 12pm ET as @mulagostarr delivers unfiltered thoughts on how to rebuild the aid ecosystem during this unprecedented time. Register: https://t.co/TSVpMVwAf5 https://t.co/ULuF1T1o9r
At #MIGlobal @cgorder, Louis Gritzo, @MichelleNunn @DonJHoward & Vanessa Kerry revealed how LA wildfires mirror global crisis patterns. Their verdict: communities are the real first responders. Local health systems & trained workforces make the difference bw disaster & resilience https://t.co/ewR8gyWR7u
My hypothesis to test at #MIGlobal: Could 2025 see wealthy donors parking assets in FDNs ahead of potential nonprofit regulation shifts? Not giving yet—possibly strategic positioning. If this pattern materializes as aid structures evolve, private capital might reshape development https://t.co/O6BvIfRTek
