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MFI Sponsored Financial Education
Most schools in developing economies do not offer any financial education. Those who do, offer it as an optional course. Those who do, like India’s CBSE offer an overview of financial markets and share capital.Last year alone, according to Business Today, more than 15 million Indians...
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Michigan Announces BOP Conference 2007
I received an e-mail from Ted London, Director of the William Davidson Institute at the University of Michigan, to let me know that the web site for their upcoming conference is up and running. Business with Four Billion: Creating Mutual Value at the Base of the Pyramid will be held in Ann...
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The BOP Debate: WRI Responds
By Allen Hammond, Bill Kramer, and Rob KatzThe recent debate over Fair & Lovely Whitening Cream, both in Aneel Karnani’s working paper and in Andrew Leonard’s column in Salon, brings up many interesting points. In response to Karnani, who argues that Fair & Lovely...
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The BOP Debate: Aneel Karnani Responds
The debate between C.K. Prahalad and Aneel Karnani regarding the BOP proposition continues. As we reported earlier this week, Professor Karnani has published a new case study critical of Hindustan Lever Limited’s Fair & Lovely Whitening Cream, a product identified by Prahalad and...
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In Search of Emerging Markets Excellence
IFC, the private-sector arm of the World Bank Group and international consultancy and think-tank SustainAbility are launching a major project to find out how companies in emerging-markets have attained investment-grade ratings, driven innovation and created new forms of value through good...
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WB Report: Doing Business in South Asia 2007
Doing business became easier in India and Pakistan in 2005-2006, according to a new regional report released yesterday by the World Bank and its private sector arm, IFC, entitled Doing Business in South Asia 2007. Doing Business in South Asia 2007 is the third report in a series of South Asia...
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Lijjat: Empowering Women, Everyday
This is the second post in a series of successful - even if offbeat - models in the Indian subcontinent. The first is here.In a number of initiatives aimed at the bottom of the pyramid, women ? in groups ? have been at the forefront.SKS Microfinance chooses to only target women because...
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BOP Skeptics and Today’s News
Today has been a very interesting day in terms of BOP news and notes. First, I heard from Professor Aneel Karnani at the University of Michigan. Many remember his paper, “Mirage at the Bottom of the Pyramid,” and C.K. Prahalad’s subsequent response. Professor Karnani sent me a...
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