Ideas to Action:

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CGD Policy Blogs

 

New Documents Reveal the Cost of “Ending Poverty” in a Millennium Village: At Least $12,000 Per Household

Documents recently made public by the UK government reveal the cost of poverty reduction in the Millennium Villages Project, a self-described "solution to extreme poverty" in African villages created by Columbia University Professor Jeffrey Sachs. The project costs at least US$12,000 per household that it lifts from poverty—about 34 times the annual incomes of those households.