Asia Global Institute

The Economics of Philanthropy

Thursday, July 4, 2024

The Economics of Philanthropy

Michael Spence, AGI Advisory Board Chairman, explores in Project Syndicate on how philanthropy can enhance public goods and well-being amid rising wealth and income inequality. While philanthropy cannot replace government efforts in health, education, and income distribution, Spence emphasizes that it can significantly contribute to these sectors if the right incentives are in place.

Read the full article here

Author

Michael Spence

Advisory Board Chairman, Asia Global Institute

Michael Spence

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