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In advance of last week’s G-8 Summit, President Bush announced a new initiative to promote private sector development in Africa. While overshadowed by the news of economic sanctions against Sudan and the climate change debate, the Africa Financial Sector Initiative (AFSI) is a step forward in the administration?s foreign aid policy. By providing much-needed technical assistance and creating private equity funds for underserved markets, the U.S. has made an intelligent choice in its fight aga...
Profit for the PoorestNews
Anyone wishing to escape the human crush of India’s teeming capital to visit the marble splendour of the Taj Mahal can travel by train in just two painless hours. Alternatively, they can struggle to negotiate the crowded single-lane road that heads south to the city of Agra in a journey that can take up five hours. But if India’s roads seem cluttered and inadequate, things are set to get much worse. Over the coming months, a series of car manufacturers are set to unveil new mo...
Just What Overcrowded, Polluted India Didn’t Need – The $3000 CarBlog Post
Something that has consistently bothered me since I began exploring the “business for social good” continuum is the notion (implied, but not often stated), that the government has been usurped as the primary provider of public goods. Government has failed and private enterprise must...
Entrepreneurialization of GovernmentBlog Post
The role of the private sector in promoting education is a topic of considerable interest and discussion. Atanu Dey’s series of blog posts on The Indian Education System make for good reading.An extract:"Imagine for a bit what it would be like if education were provided by private...
Indian Education: Missing Markets, New OpportunitiesBlog Post
The authors of Untapped: Creating Value in Underserved Markets outline strategies for accessing both domestic and international BoP markets. More specifically, they examine the ways in which companies can engage with “underserved markets” using five ?success factors? that they...
Domestic BoP: Models for Addressing Underserved MarketsNews
So what are the best countries for entrepreneurs now? Where might American entrepreneurs think about setting up overseas? And where should they keep an eye out for global competitors? Some of the stars - such as Iceland and Denmark - might surprise you. Laggards include India. When Rodrigo Veleso launched ONE World Enterprises in Los Angeles last year, he quickly grasped why entrepreneurship was surging in the U.S. Within a week I had formed an LLC, incorporated in Delawar...
Who in the world is entrepreneurial?Blog Post
I had spent a lot of time trying to figure out how best to work at the base of the pyramid, even before I knew what BoP was. In 2003, I moved to Nigeria to pursue a career in international development, focusing on democracy and governance. Nearly two years of this work taught me that...
How Can Development Agencies Support Economic Development at the BoP?Blog Post
The following article provides summary analysis of two events last week hosted by WRI-IFC and IFC-EMPEA. The conferences dealt with the issues of green investment in emerging economies and the broader growth of emerging economy investment, respectively. ...
Emerging Market Investment Hits the Mainstream: Green Sectors Are Up Next
