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In Defense of Wealth Creators: Why Globalization, Outsourcing – And Rich People – Are a Good Thing for Developed and Emerging Economies
International trade breaks down borders and provides societal and economic advancements in countries around the world. But as Derek Bullen at S.i. Systems points out, despite these benefits, there's a widespread perception that the businesses and individuals that drive this globalized, free market system only bring wealth to themselves. He argues that criticisms of globalization – and the outsourcing and wealth concentration it involves – are fundamentally flawed, and explains how wealthy individuals and their businesses benefit both affluent and emerging economies.
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Walmart and Flipkart Present a Roadmap for Indian Sellers to Export via Cross-Border E-Commerce
650 Sellers attend Seller Summit in New Delhi to explore the opportunity for export growth on Walmart Marketplace in the U.S.
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- Asia Pacific
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A Non-Profit Venture Fund Aims to Back 200 Startups Established by Refugee Ukrainian Entrepreneurs
The fund hopes to help Ukrainian entrepreneurs who have fled to the West, founder Roman Tyan told Insider.
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- Europe & Eurasia
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- migrants, nonprofits, refugees, startups
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Analysis: Do African Startups Really Benefit From the Foreign Capital Craze?
Although foreign funds are increasingly pouring into the continent, especially into start-ups, the real benefit to local economies is far from certain. One solution is to encourage the emergence of African-owned companies.
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- Sub-Saharan Africa
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Africa in the Crosshairs of Ukraine War – UN Chief
Africa has severe exposure to the economic effects of the Ukraine war, says UN secretary-general António Guterres as he calls for urgent action from the West.
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- Sub-Saharan Africa
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Sri Lankan Business Owners Left Reeling From Shortages, Power Cuts Amid Spiralling Economic Crisis
As Sri Lanka is enveloped by its worst economic crisis in living memory, restaurants and other businesses across the island nation are being pushed to the brink by acute shortages of fuel and other essentials.
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- South Asia
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Analysis: ‘Russia Is Half of Our Business.’ Or It Was.
European companies that relied on Russian customers are suffering collateral damage from the invasion of Ukraine and Western sanctions.
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- Europe & Eurasia
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Marketing Nutritious Food Products at the Last 100 Meters: A New Report Explores the Impact of Direct Sales Forces
Nearly 800 million people globally are undernourished, and over 2 billion lack year-round access to adequate food. Many companies have attempted to address this issue by marketing affordable, nutritious food products in developing countries. But as Lucie Klarsfeld McGrath and Louise Berthault at Hystra point out, few of these companies focus on ensuring that their nutritious products are consumed consistently in sufficient quantities to produce positive health impacts. They share new research on how companies can leverage direct sales forces to bring low-income customers consistent access to nutritious foods.
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