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  • An Increasingly Affluent Middle India Is Harder to Ignore

    C.K. Prahalad, professor of strategy at the University of Michigan’s Stephen M. Ross School of Business, is looking for the fortune at the bottom of the pyramid. In his book by that name, he says that huge markets exist among the poor in countries such as India, and that multinationals should tailor their plans and products to these consumers. At the other end of the spectrum, luxury goods manufacturers are pouring into India. The International Herald Tribune will hold its annual...

    Source
    Knowledge@Wharton (link opens in a new window)
  • The New Global Middle Class: Potentially Profitable — but Also Unpredictable

    A new global middle class is rising up from poverty in emerging economies around the world, providing competition for labor and resources, but also enormous promise for multinationals that tailor products and services to the burgeoning ranks of first-time consumers, according to Wharton faculty and analysts. Coca-Cola’s newly appointed chief executive Muhtar Kent sees this market as critical to his company’s future and describes the scale of the opportunity as equivalent to...

    Source
    Knowledge@Wharton (link opens in a new window)
  • Tourism’s New Wave

    David Aabo is en route from Peru to New York City after having spent much of the last few years in the South American country investigating opportunities for development that might help local entrepreneurs build a sustainable regional economy. Like many dedicated surfers, Aabo views the world through the prism of a surfboard stoked on visions of exotic destinations and epic waves. So single-minded, this breed has sometimes derisively been dubbed surf colonialists -- follow...

    Source
    Interpress News Service (link opens in a new window)
  • School for social entrepreneurs

    Sustainability of projects is important for social service sector organisations to work efficiently. And, with the management of the sector becoming more complex each day, the Centre for Social Initiative and Management (CSIM), started in 2001, has been providing training for would-be ?social entrepreneurs’. The philosophy is simple enough as the co-ordinator of CSIM at Chennai, Latha Suresh, explains: There are many NGOs doing good work in many areas. But they do not man...

    Source
    The Hindu (link opens in a new window)
  • In a “wise” move Timorese women venture into business after decades of conflict

    When Timor-Leste descended into a political crisis in April/May 2006, just five years after the restoration of independence from Indonesia, Mrs. Joaquina Da Silva, a 33 year-old mother of four was among the first group of women displaced from the capital, Dili. She then fled to the safe havens of Baucau which is her ancestral homeland. ’When our house was destroyed in Dili, I came here with my displaced family and just nothing else,’ she says, her voice chocking with emotion....

    Source
    UNDP (link opens in a new window)
    Region
    Asia Pacific
  • Warning: Habits May Be Good for You

    A FEW years ago, a self-described militant liberal named Val Curtis decided that it was time to save millions of children from death and disease. So Dr. Curtis, an anthropologist then living in the African nation of Burkina Faso, contacted some of the largest multinational corporations and asked them, in effect, to teach her how to manipulate consumer habits worldwide. Dr. Curtis, now the director of the Hygiene Center at the London School of Hygiene & Tropical Medi...

    Source
    New York TImes (link opens in a new window)
  • Promises, promises

    DEVELOPMENT aid can be as fickle as fashion. Remember those white Make Poverty History wristbands, which briefly made compassion chic in the run-up to the Gleneagles summit in 2005? Memories of the pledge made by G8 leaders there to double annual aid to Africa by 2010 also seem to have faded with time. According to the OECD, on current spending trends annual aid will fall $14 billion short of the $50 billion African target-not a statistic to savour as today’s G8 leaders tucked into their ...

    Source
    Economist (link opens in a new window)
  • Reaching out to the missing middle

    Deshantori, a heart-wrenching documentary which follows a group of young Bangladeshis through a harrowing journey in search of employment opportunities outside the country, has sparked soul searching questions for Bangladeshis wherever it has been shown. For me, the most poignant moment of the documentary was when one of the survivors of the journey sadly relates that nobody would lend him money to start a business, but they lent him money to pay for a dangerous and illegal passage overseas. Why...

    Source
    Daily Star (link opens in a new window)
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