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How Financial Innovation Can Save the World
Financial innovation got a bad rep in the financial crisis. But inside the well-barricaded Federal Reserve Bank in downtown San Francisco last month, the financial engineers were at it again.
- Categories
- Impact Assessment
- Tags
- impact investing
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What Exactly Is Social Entrepreneurship?
We’re talking about success and social value. Today many people lump this in a special category: social entrepreneurship. We’re not sure exactly what that is, so we’re interested in learning more. As it turns out, so were two Tuck class of 2013 students, Christopher Halstedt and Brad Callow. This past spring they did an independent study Senior Associate Dean Bob Hansen and Gregg on exactly this topic. They set out to see if they could understand what exactly is social entrepreneurship and how it creates social value. Here are some excerpts from what they found:
- Categories
- Impact Assessment
- Region
- Europe & Eurasia
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FXB International Releases Graduate Tracer Study
(New York, NY) – Today FXB International released a Graduate Tracer Study. Among the exciting results include findings that, from their starting point as the poorest households in their communities, FXB-Village participants in Rwanda and Uganda show greatly increased income and savings. Additionally, the study shows that FXB-Village participants have vastly improved access to clean drinking water and are more likely to own their homes, and children are much more likely to be enrolled in school than they were at the beginning of the program. In each of the three study areas, the results show that the FXB-Village program significantly improves the lives of these participants.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Brazil’s historically poor northeast finally gets its boom
RECIFE, Brazil — The Brazilian state of Pernambuco was once known for its vast plains of parched dirt and roving bandits called cangacos, who robbed from the rich and gave to the poor. For later generations, escaping the widespread poverty of the northeast customarily meant moving to livelier southeastern cities like Rio de Janeiro and Sao Paulo, though many migrants still ended up living in favelas, or slums.
- Categories
- Impact Assessment
- Region
- Latin America
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Africa Progress Panel calls on African governments to drive towards MDGs
African governments and donor countries should launch a "big push" this year towards meeting the millennium development goals (MDGs), according to a high-level panel.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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India’s Aadhaar ID Project Turns Nation’s Poor into Economic Players
Power Shift India: Nation turns to technology to extend a guaranteed identity to its poor
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- Impact Assessment
- Region
- South Asia
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Transformational Entrepreneurship: Where Technology Meets Societal Impact
The slow decline of industrial manufacturing in developed nations and recent failures of financial capitalism across the globe have sent us searching for a new model of economic growth. I see the two movements of Technology Entrepreneurship and Social Entrepreneurship beginning to converge into a promising solution.
- Categories
- Impact Assessment, Technology
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B Corps Go Global: Sistema B Certifies South American Social Enterprise
Last fall, a small group of social entrepreneurs from South America met to discuss how to foster more social enterprise in the region and create more bang for the buck at existing enterprise. The result was Sistema B, the first effort to adapt the American system of B Corporations—which ease operations for companies that combine profit and social good—to a foreign setting.
- Categories
- Impact Assessment
- Region
- Latin America