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  • How Is Entrepreneurship Good For Economic Growth?

    Innovations is a new journal focused on the intersection of social enterprise and public policy. The following is an excerpt from an article in the first issue.? Check out Rob’s post for more background. Zoltan Acs How is entrepreneurship good for economic growth? This question would seem to have a simple answer: Entrepreneurs create new businesses, and new bus...

    Source
    Innovations (link opens in a new window)
  • Germany-funded Poverty-relief Project Initiated in Xinjiang

    A poverty-relief project has been launched in China’s Xinjiang Uygur Autonomous Region, a program funded by joint investment from China and Germany. The project was initiated on Sunday in Kashi Region and Kirgiz Autonomous Prefecture of Kizilsu to the southern area of Xinjiang. (...)The project aims to assist 30,000 poor villagers living in the area by helping them adopt new water-saving technologies to water over 4,000 hectares of fruit trees. The German government has...

    Source
    Development Gateway (link opens in a new window)
  • Using the Sun to Sterilize Water

    Tanzanian villagers have begun using an energy-saving method to sterilise their drinking water - leaving the water under the sun. The piped water supply to Ndolela village in the central Iringa region is intermittent and even when it does flow, it is not clean enough to drink. When the pipes run dry, villagers get water from a dirty spring. Mother of five Rose Longwa says the new process has changed her life. We no longer suffer from stomach illness. That’s because the ...

    Source
    BBC Online (link opens in a new window)
  • Cambridge University’s Program for Industry launches a “Business and Poverty Program” in association

    Cambridge University’s Program for Industry in association with the WBCSD and Oxfam has launched a Business and Poverty Program to examine the inter-relationship of business and poverty. The Program will bring together senior company managers, experienced practitioners, academic thinkers and NGO leaders. It aims to assist leaders from major organizations to develop an advanced understanding of how, through their mainstream commercial activities, businesses can improve the quality o...

    Source
    World Business Council for Sustainable Development (link opens in a new window)
  • Ring Up My Bill, Please

    The promise of phones that double as digital wallets is not new. Consumers in many Asian and European countries have bought everything from convenience store trinkets to subway tickets using their mobile handsets for years. But the idea has largely been a gadget geek’s fantasy here in the United States. Only recently have American banks and wireless companies begun developing mobile payment products. Now, the next wave of technology could wash ashore within two years.

    Source
    The New York Times (link opens in a new window)
  • As Indian banks plan to march into rural India disbursing commercial loans and housing finance, they need insurance companies to keep in step in order to de-risk their borrowers and make their lending safer. The challenge and opportunity lies in moving to the bottom of the pyramid by providing flexible, affordable and easily available insurance to rural and semi-urban people, preferably through the involvement of state governments or through large companies (especially public sector undertaking...

    Source
    Indian Express
  • China looks at India for farm credit models

    Venkatesan Vembu As China goes about its endeavour to build a ?new socialist countryside? and address the problems that poverty-stricken farmers face in accessing farm credit, it is looking to India?s successful microfinance model for inspiration. On Saturday, China?s leading?University tied up with HSBC to research and devise a microfinance model to serve the country?s farmers, many of whom do not have access to any form of credit. The three-year...

    Source
    DNA India (link opens in a new window)
  • Water Support Fading for Private Water Aid

    For more than a decade, the idea that private companies would be able to bring water to the world’s poor has been a mantra of development policies promoted by international lending agencies and many governments. It has not happened. In the past decade, according to a private water suppliers’ trade group, private companies have managed to extend water service to just 10 million people, less than 1 percent of those who need it. Some 1.1 billion people still lack access to clea...

    Source
    International Herald Tribune (link opens in a new window)
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