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Africa: The Impact of Mobile Phones II
?The ultimate aim of policymakers must be to create the conditions for private enterprise to make poverty history in Africa?Vodafone is at it again ? first, with their Social Impact of Mobile report; now, CEO Arun Sarin has penned an op-ed in today?s Financial Times (subscription...
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Two Portraits of the Millennium Challenge Corporation
The New York Times: A Timely DepartureThe Economist: MCC hammeredLast Sunday on their editorial page, The New York Times trashed the Millenium Challenge Corporation, President Bush’s flagship development assistance program, for not spending enough money and for focusing on land-titling and...
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Silicon Valley VC Firms Tap Energy, Water as World’s “Largest Markets”
When asked why investment in clean tech (such as solar energy, water purification systems and alternative automotive fuels) is on the upswing, Silicon Valley’s venture capitalists don’t hold back. In today’s New York Times, the answer is generally the same: profit. Furthermore, some leading...
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Who Watches the Watchdogs?
Wolfowitz, Ending African Tour, Calls for ChangesUnsurprising conclusions made by Paul Wolfowitz, President of the World Bank: the Bank needs to make changes in its bureaucratic structure, and government corruption doesn?t help in resolving the problem of poverty.? Indeed, back in 2002...
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The Role of Government in BOP Investment
Article from The Economist: Banking on the UnbankedThe success of South Africa’scontroversial Black Economic Empowerment (BEE) legislation in encouraging SouthAfrican firms to engage low-income communities as clients suggests analternative optimal...
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The Trouble with Aid
At the launch of ?The Market for Aid? yesterday, authors Michael Klein and Tim Harford described how the market for development aid was changing ? indeed, growing more competitive.? Will this increase in competition lead to more efficient aid agencies that will, in turn, make important...
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’Bottom of the Pyramid’ and ’Next Billion’ on Wikipedia
Key terms to the Development through Enterprise discussion, Leah and I, interns at the World Resources Institute, have posted definitions of ?Bottom of the Pyramid? and of ?Next Billion? on Wikipedia, the free online encyclopedia that anyone can edit. We want these definitions to...
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Off-grid rural electrification for $25
A recent article (available here, PDF)in the journal Science tackles theproblem of electrification in low-income households with analysis showcasing arobust technical solution that could be made available for US$25 fixed-cost,without subsidy. The technology,solar-powered...
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