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    • Global Development

    In 2025, global development’s new era begins

    What do you do when you find yourself on a melting iceberg? Build a boat.

    By Raj Kumar // 10 January 2025

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    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. Even the fiercest defenders of international cooperation have long been frustrated with the project-based, risk-averse, bureaucratic approach endemic to development and humanitarian institutions.

    But they’ve often voiced those frustrations in hushed tones — afraid that even constructive criticism could undermine the carefully constructed coalition that has led to the highest foreign aid budgets and some of the biggest development successes in history.

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    More reading:

    ► A look back at European aid’s slash-and-burn year (Pro)

    ► Opinion: Why 2025 could be a ‘Bridge year’ for the global south

    ► Opinion: The Trump effect on global health and development in 2025

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    About the author

    • Raj Kumar

      Raj Kumarraj_devex

      Raj Kumar is the President and Editor-in-Chief at Devex, the media platform for the global development community. He is a media leader and former humanitarian council chair for the World Economic Forum and a member of the Council on Foreign Relations. His work has led him to more than 50 countries, where he has had the honor to meet many of the aid workers and development professionals who make up the Devex community. He is the author of the book "The Business of Changing the World," a go-to primer on the ideas, people, and technology disrupting the aid industry.

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