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Prahalad Responds to “Mirage at the Bottom of the Pyramid”
Aneel Karnani posted his paper, “Mirage at the Bottom of the Pyramid,” to NextBillion.net ten days ago, setting off a bit of a firestorm among commenters on-site. In an effort to hear both sides of the argument, the editors contacted C.K. Prahalad and invited him to submit a response...
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Leap Frog: Cell Phones are Wallets in Mexico
El Universal, a Mexican newspaper, reported yesterday that by next October Mexicans will be using their mobile phones to buy everything from fast food to newspapers. The program is called Pago-Movil?or Mobile Payment in English?and will be available from six of Mexico?s largest banks and...
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Chinese Stores Sell Phone Time
We’ve talked a lot on NextBillion about the selling and re-selling of mobile phone minutes, whether its the phone ladies of Grameen Telecom or the sari-sari street merchants of Smart Communications. Now Kevin Kelly (of Wired Magazine and Whole Earth Catalog fame) points us to a cool...
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Selling to the Poor
Today, the Financial Times covers Casas Bahia, a BOP favorite from Brazil which has also been discussed in CK Prahalad?s book, The Fortune at the Bottom of the Pyramid.? Although the FT adds little to the debate about extending credit to low-income consumers, it still provides important...
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Finding Lasting Solutions to Mexico’s Environmental Challenges
First of all, a big pat on the back for Ecocreto gaining recognition for its work on NPR recently. Secondly, a disclaimer: As I write this posting about water conservation issues in Mexico City, I realize that not too long ago, I also discussed the City’s air quality problem. I feel bad...
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Minipreneurs: Do BOP Entrepreneurs Deserve the Hype?
The entrepreneurial bandwagon is starting to feel a little full. Everyone from development experts to market research firms seems to be falling over themselves to hail the resourceful small-scale entrepreneur as a savior of poor communities everywhere. Even the uber-hip Trendwatching web site...
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Guest Post: Community Based Enterprise Development
This post was written by Vincent Ricasio, a retired investment banker currently working on microfranchising and other community development strategies at New York University. Contact Vincent using the comment field below to discuss his Community Based Enterprise Development concept. Is it...
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- Education
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Fighting Poverty with Organic Agriculture
Today, the Asia Times published an interesting piece on Nazmi Ilicali, a farmer in Eastern Turkey who has made organic agriculture the centerpiece in the fight against rural poverty. Mr. Ilicali?s efforts have gained him international attention and just last year he was honored by the...
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