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By Fiona Harvey, Environment Correspondent Slum-dwellers in Dar es Salaam pay the equivalent of ?4 ($8, ?5) for 1,000 litres of water, bought over time and by the canister. In the same Tanzanian city, wealthier households connected to the municipal supply receive that amount for just 17p. In the UK, the same volume of tap water costs 81p and in the US it is as low as 34p. Figures from other countries confirm the evidence: it is generally the poorest who pa...
A Costly ThirstBlog Post
Acumen Fund’s India Office is currently seeking highly qualified applicants for the positions of Portfolio Associate and Legal Associate. Location: Hyderabad, India Organization: Acumen Fund is a global non-profit venture capital fund serving the four billion people living on less...
Jobs: Acumen Fund India, Legal and Portfolio AssociatesNews
Businesses and social enterprises are increasingly realising the mutual benefits and new opportunities from working together, IBLF has concluded after co-hosting workshops at last week’s World Skoll Forum. IBLF, UK consultancy SustainAbility and design company IDEO hosted two workshops on Strategic Partnerships Between Multinational Corporations and Social Entrepreneurs ...
Partnership Workshops Confirm New Opportunities for Social Entrepreneurs & BusinessNews
Western Union Co., hoping to boost its share of the money-transfer market, is teaming up with ...
Wiring Money Turns Wireless in New PlanNews
LONDON - I think that economists have a responsibility to write in such a way to be read by ordinary people and by political leaders, the bearded and bespectacled Oxford professor says, in a quiet and careful tone, from his home in France. So I wrote a book that’s very readable. That may not sound like a humble claim, but then Paul Collier has very clearly been read by a lot of people lately. His book, The Bottom Billion, argues plainly and often ru...
Interview with Gelber Prize Winner Paul CollierNews
A lot is expected of the middle class in emerging economies. But they just want a quiet life. Two jars of chickpeas, 20 bars of soap, three packs of cigarettes and six sachets of shampoo-all these items and more are in stock at a village store five hours away from the Indian city of Hyderabad. It is the leanest of inventories, and yet it supports great hopes. Combined with a scrap-metal business, the store is just enough to lift its owners into the ranks of India’...
The In-betweenersNews
The announcement in January by Tata Motors of its newest car, the Nano, was revealing on many levels. The announcement generated extensive coverage and commentary, but just about everyone missed the Nano’s real significance, which goes far beyond the car itself. But, OK, let’s start with the car itself - particularly the price. At about $2,500 retail, the Nano is the most inexpensive car in the world. Its closest competitor, the Maruti 800, made in India by Maruti Udyog, sells...
4 Lessons to Learn from Tata’s NanoBlog Post
Via NextBillion ally Reuben Abraham, I was pointed to James Surowiecki’s recent article, What Microloans Miss in The New Yorker.Surowiecki points out that while microfinance does a tremendous amount of good, there are also real limits to what it can accomplish. With over $25 billions of...
Micro-loans and Macro-expectations
