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Is Aid Working?
It is hard to argue with the lofty ambition to end once and for all the scourge that is global poverty. How the world should go about this, however, is much more vexed. If poor countries do not have sufficient capital, aid advocates argue that there is a moral imperative for rich ones to help. Since 1970 hundreds of billions of dollars in bilateral and multilateral aid has been sent to Africa from the developed world. G20 leaders agreed at last month’s summit London that an extra $50bn ...
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- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Hammond vs. Karnani: Debating “Romanticizing the Poor” Part 2
In December, Professor Aneel Karnani published an article in the Stanford Social Innovation Review entitled, "Romanticizing the Poor."? At the time, we posted about it here on NextBillion.net and suggested that our review of the article would be forthcoming; it has not, and for that, we apologize...
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- Investing
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Hammond vs. Karnani: Debating “Romanticizing the Poor” Part 1
Editor’s note: In December, Professor Aneel Karnani published an article in the Stanford Social Innovation Review entitled, "Romanticizing the Poor."? At the time, we posted about it here on NextBillion.net and suggested that our review of the article would be forthcoming; it has...
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- Investing
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Are the Poor Really Entrepreneurial?
Last month, Aneel Karnani wrote in the Stanford Social Innovation Review an article entitled, "Romanticizing the Poor."? In it, he states, "...romanticized views of BoP people as value-conscious consumers and resilient entrepreneurs are not only false, but also harmful." I think a lot of what Karnani says in the article is true ...
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- Investing
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3 Reasons Why Telcos Shouldn’t Abandon the BoP Just Yet
Are there really enough profits to make telcos want to focus on the bottom of the pyramid?? A new report, released last Monday by the technology market research firm BDA, suggests the answer is no.Before we consider the case closed, let’s take a closer look.? After all,...
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- Investing
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PM: Development Plans are not Only for Big Corporations
Development plans for the country are not designed to benefit only big corporate companies and rich individuals but as many Malaysians as possible, says Prime Minister Datuk Seri Abdullah Ahmad Badawi. The Prime Minister wants to see as many Malaysians, from all levels, to participate and benefit directly from the development plans that had been laid out. KOTA BARU: Development plans for the country are not designed to benefit only big corporate companies and rich individuals ...
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- Investing
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Big Corporations Try to Tap a Market They Have Ignored
The world’s biggest corporations are scrambling to tap a market they have largely ignored for decades - the world’s four billion poor people. From South Africa to Brazil, companies like Danone and Unilever sell individual packets of yogurt and soap in rural villages and urban open-air markets. In the telecommunications sector, the biggest growth area is among the poor, who are snapping up cellphones. Some 60 percent of the world’s population exists on less than ...
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- Investing