Overview

Millions of the world's smallholder farmers live in desperate poverty. For decades the development sector has spent hundreds of billions of dollars annually to address the crisis, yet extreme poverty remains endemic. In Breaking the Global Povery Trap, Pierre Ferrari diagnoses the flaws in the conventional development approach and shares his successful ""pro-poor, wealth-creating, value chain"" strategy that emphasizes: building social capital and technical capacity, organizing for collective action, investing in infrastructure, increasing farmers' participation in more profitable links in the value chain. Through inspiring case studies from Africa, Asia and Latin America, Breaking the Global Poverty Trap demonstrates how this strategy works in practice and how development professionals can serve a vital role in helping communities lift themselves out of poverty.

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Pierre Ferrari was a leading figure in international development and a transformative chief executive of Heifer International. After graduating from Harvard Business School, he joined the Coca-Cola Company, becoming vice president of marketing in his early forties. Responding to a long-standing concern for social justice, he left Coca-Cola to work with the international aid organization CARE. He went on to work with a variety of social and environmental enterprises before becoming CEO of Heifer International. Pierre led Heifer through a dramatic reimagining of its strategy, changing the scale and focus of its projects and innovating a new model for international development. A devoted father of four, he lived near Atlanta, Georgia, with his wife, Kim, and beloved mutt, Baloney. He spent the last years of his life writing this book, which he completed just weeks before his death.

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