A year after Open Philanthropy announced it would begin funding efforts to accelerate economic growth in low- and middle-income countries, details of that strategy are coming into focus.
Trade disruptions, automation, and shrinking aid budgets have prevented countries from seeing the kind of economic growth that has lifted hundreds of millions of people out of poverty in countries such as India and China.
Now Open Philanthropy is testing how private philanthropy can help countries get back on a growth path amid global headwinds. The San Francisco-based organization was founded by billionaire couple Dustin Moskovitz and Cari Tuna, and is known for its data-driven approach to cost-effective giving.
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About the author
Catherine Cheneycatherinecheney
Catherine Cheney is the Senior Editor for Special Coverage at Devex. She leads the editorial vision of Devex’s news events and editorial coverage of key moments on the global development calendar. Catherine joined Devex as a reporter, focusing on technology and innovation in making progress on the Sustainable Development Goals. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, and worked as a web producer for POLITICO, a reporter for World Politics Review, and special projects editor at NationSwell. She has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Catherine also works for the Solutions Journalism Network, a non profit organization that supports journalists and news organizations to report on responses to problems.
