Fast Lane to the Future: Three ways the ‘leapfrog effect’ is transforming developing countries – and revolutionizing finance
The “leapfrog effect” refers to the phenomenon, in fast-growing emerging economies, of technological advances permitting shortcuts in infrastructure building. This saves considerable time and money – and can deliver quick results that took more developed countries decades to attain. Here are three ways the leapfrog effect is reshaping economies – and finance – in the developing world.
NexThought Monday – Tapping the Potential of the World’s Largest Minority: Two keys to boosting employment for 70 million disabled people in India
After spending three months analyzing ongoing efforts to increase employment for people with disabilities at the base of the pyramid in India, the author saw two main problems: no collective goals have been established and there’s a lack of transparent impact data demonstrating the economic and social outcomes.
Interest is growing in the topic of “interoperability” in mobile money and its potential impact for the nascent sector. A handful of deployments, such as in Indonesia and more recently in Tanzania, have garnered attention. Amitabh Saxena, who led mobile money at MasterCard in Latin America, and Selma Ribica, who leads interoperability strategy at Vodafone’s global M-Pesa team, provide nuance on some of the industry perspectives currently being advocated.
NexThought Monday – Needed: A New Kind of Infrastructure: Digital infrastructure must be a priority – and the need goes beyond technology
For decades, the development community has stressed the importance of infrastructure, usually focusing on things like roads and water systems. But to ensure that the benefits of the mobile revolution reach the world’s poor, we now need to consider digital infrastructure as well. And as USAID’s Nandini Harihareswara describes it, this must include more than cell phone towers and Internet cables.
NexThough Monday – Facebook.org’s Budding ‘Walled Garden’: What it could mean for Internet consumers, developers in emerging markets
If Facebook.org becomes a significant part of the mobile Internet landscape in emerging markets, the model that it establishes may become the de facto standard. Yet Facebook remains firmly in control of regulating participation – and thus innovation – writes Bryan Pon, Research Director for Caribou Digital.
A Better Way to Pay for R&D? (Part 2): Pilot projects designed to help get Health Impact Fund ‘across the finish line’
After pilot projects have shown the Health Impact Fund really works, Professor Thomas Pogge says, "It will not be difficult to get some far-sighted – and cash-strapped – governments to become HIF supporters. And an agreement to create the HIF might then be reached, perhaps at a G20 meeting."
- Health Care
Development, Impact Investing Pour into Nepal’s Biggest Hydropower Project: The $142 million investment could power 10 percent of the country
The Lower Solu hydroelectric power plant aims to provide electricity to roughly 2 million Nepalese households. The $142 million project, financed through development bank and impact investment financing, is one of the largest-ever foreign investments in Nepal’s history. An interview with the project manager on the energy impact.
Weekly Roundup (8/9/14) – Ethics and Africa: Controversy around a White House summit and an Ebola cure highlight tensions between the global north and south
This week, president Obama hosted nearly 50 African leaders at the White House to strengthen business ties with the continent - provoking cautious optimism and quite a bit of criticism. Meanwhile, a new development in the Ebola scare raised questions about the inequalities between rich and poor countries.