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How the Other Half Lives
In the late 1800?s, Jacob Riis, a Danish immigrant in the United States, set out to document New York City?s teeming tenements on the Lower East Side.? His finished product, How the Other Half Lives, was an immediate success and is now recognized as a canonical work of American...
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NextBillion Interview: Creating Value in Underserved Markets
How much momentum does the ?base of the pyramid? hypothesis have behind it ? and at what point does hope become hype? I recently read Untapped, the latest business/strategy book to discuss underserved markets and their profit potential, with a wary eye ? would it live up to the hope, or...
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PCs for the BOP? GlobalVoices Reviews MiPC
Lost in the ongoing debate about low-cost computers and the digital divide is Argentina?s MiPC (My First Personal Computer) program. Global Voices? David Sasaki nicely summarizes the ongoing debate over MiPC?s technology options (Intel and Microsoft exclusivity vs. AMD and Linux...
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In China, The Sun Also Rises
In Ecclesiastes, the son of David describes the resilience of earth and the futility of human action, explaining that, ?One generation goeth, and another generation cometh; but the earth abideth for ever.? In the last two decades, ever since China began liberalizing its economy, a new...
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Low-Wage Jobs Alleviate Poverty
In this Sunday?s Business section of the New York Times, Daniel Gross from Slate Magazine writes about the latest trend in international development: the $2 a day job. He begins his article discussing A to Z Manufacturing, a mosquito bed-netting business from Tanzania that pays its 2,000...
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Casas Bahia’s Latest Deal: The $3600 Plasma TV
On this blog, Casas Bahias, Brazil?s largest retailer, which has garnered its financial success by extending affordable credit to low income consumers, has been championed as a successful BOP business model. Strictly in terms of the bottom line, I agree. However, there is reason to believe...
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A Watch That Detects Malaria
In a New York Times article published in June, Business Joins African Effort to Cut Malaria, Sharon LaFraniere writes about the international mining company Billiton and its six year effort fighting malaria in Mozambique.? When more than one third of its staff fell ill with malaria and the...
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Banking on Wal-Mart
In one of his most famous and eloquent passages, Karl Marx expresses awe at the transformative power of capitalism, writing that, ?All that is solid melts into air, all that is sacred is profaned.?? In the last two decades, Wal-Mart, the embodiment of global capital, has almost single...
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