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TIME Magazine today announced its Person of the Year is: "The Protester," representing movements from the Middle East to Occupy Wall Street. The annual TIME story followed TED, which last week announced the winner of its 2012 competition would not be a person, but a concept: THE CITY 2.0 - a call to dream up "a wish big enough to change the world."
TED’s City 2.0 Prize – A Collective Wish ’Big Enough to Change the World’Blog Post
The first Impact Reporting and Investment Standards (IRIS) performance data report collected data from nearly 2,400 mission-driven organizations, with 70% of responding microfinance institutions and 63% of portfolio organizations reporting profits. As importantly, the report adds to data-driven market intelligence for the impact investing industry.
Good News: IRIS Report Shows Many Impact Investing Recipients Are Profitable; But More Study NeededBlog Post
The winter’s biggest national event for the UK’s youth social enterprise sector, the Tata Social Enterprise Conference, organized on behalf of the National Consortium of University Entrepreneurs (NACUE), was a call for ideas and action. Kishor Chaukar, managing director of Tata Industries, had plenty of both.
Weekly Roundup – 12/11/11 – The ’Tata Way’ ExplainedNews
James Abuh-Prah had owned a used electronics shop in a small market in Accra for 17 years before a flood took everything. It was late one night in October, and the torrential rains hadn’t stopped for hours. "By 5 a.m. the water was up to my chest," he says. He had taken out a $2,400 loan from his bank, Opportunity International, to use as capital to buy used televisions, stereos, and other electronics. Now, everything was destroyed. It’s like a game of Chutes and Ladders,"...
Chutes, Ladders, and Safety Nets: How Microinsurance Helps African DevelopmentNews
Most African countries may not achieve all the MDG targets by 2015. What matters more is that they all make significant progress in all areas of the MDGs and sustain, or even accelerate, this progress in accordance with their national conditions. Arguably, the political and economic conditions in Africa in 2011 are a lot better than they were...
Africa Can Make Significant Progress Towards the MDGsNews
China announced a new standard for defining poverty on Tuesday as it seeks to bridge the gap between the country’s wealthier and poorer classes. The central authorities have decided to raise the poverty threshold to 2,300 yuan ($362), in terms of a farmer’s annual net income, which marks an 80 percent rise from the 1,274 yuan standard in 2010. The 2010 figure was itself the result of marked revision; the standard was 206 yu...
China Raises Poverty Line: Is it Setting an Example for Poverty Alleviation?Blog Post
You may have seen the image online: A bus station photo-shot featuring two posters in simple style, with the captions "one dies, million cry" under the Apple brand mark, and "millions die, no one cries" under a map of Africa. The poster implies that the world would be a better place if only people (Westerners) mourned African deaths more. Really?
Challenging a Meme: When ’Africans’ Are ’No One’News
New Delhi: David Calhoun, chief executive officer of leading global information and measurement company Nielsen Holdings NV, believes overseas clients could learn from the innovations of Indian marketers for bottom-of-the-pyramid consumers. The former vice-chairman of General Electric Co. (GE), who surprised many when he moved to Nielsen in 2006, was in India to attend a consumer summit organized by the research firm. Nielsen, owned by a group of private equity firms, including ...
More Optimism Here Than in Developed World
