Articles by Logan Yonavjak and Giulia Christianson
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Tuesday
December 20
2011Logan Yonavjak and Giulia Christianson
Chasing Gazelles to Achieve Poverty Reduction, Development Goals
Economist David Birch coined the term "gazelle" as private businesses with annual revenue growth of 20% over four years. Such SMEs create the vast majority of new jobs and GDP growth in the U.S. and Europe, but how does this translate into opportunities in emerging markets? A recent IFC memo and forum on harnessing gazelles offers answers.
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