Ford Foundation Invests in Global South University Centers to Advance New Economic Thinking
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Wednesday, October 19, 2022
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NEW YORK, Oct. 19, 2022 /PRNewswire/ -- Today, the Ford Foundation announced a $13 million commitment that will strengthen economic research centers in the Global South to advance more equitable growth policies and reimagine economic systems. The centers are housed at universities in Latin America, Africa, and Asia, to give local communities an opportunity to help shape the policies and economic systems that directly impact their lives.
Key Points:
- This announcement marks the next step in a major philanthropic effort to build a global network of institutions focused on challenging neoliberalism and traditional economic thinking.
- The grants announced today will complement an existing network of university centers announced by the Hewlett Foundation and Omidyar Network earlier this year.
- Those investments established centers at Harvard Kennedy School, Howard University, Massachusetts Institute of Technology, Johns Hopkins University, and Columbia University.
- It is time for markets to serve the interests of all people," said Martn Abreg, Ford Foundation Vice President for International Programs.