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The world’s estimated four billion people who live under the poverty line represent an untapped global market worth $5 trillion in local purchasing power, according to a new report. The report by the International Financial Corp., the World Bank’s private sector arm, and environmental think-tank the World Resources Institute, measures the size of the market using income and expenditure from household surveys. It comes as domestic and multinational corporations look ...
World’s poor represent $5 trillion market: reportBlog Post
Last week, I attended “UN Meets Silicon Valley,” an event convened by the UN Global Alliance for ICT and Development.? Craig Barrett, former CEO and now Chairman of Intel (full disclosure: WRI and Intel are partners), also chairs the UNGAID.? Going in, I was a bit skeptical, since...
Behind the Scenes at UN Meets Silicon ValleyBlog Post
Highlights from the Business, Engineering and Sustainability Workshop This past weekend, about 60 talented individuals from business schools, engineering departments, non-profits and the private sector met for what was essentially a two day brainstorming session. The goal: Discovering ways...
The U-Curve TheoryBlog Post
By Allen Hammond, Bill Kramer, and Rob KatzThe recent debate over Fair & Lovely Whitening Cream, both in Aneel Karnani’s working paper and in Andrew Leonard’s column in Salon, brings up many interesting points. In response to Karnani, who argues that Fair & Lovely...
The BOP Debate: WRI RespondsNews
Equity Bank yesterday unveiled Internet banking service in the local market after a successful trial run in London to tap the purses of over 10,000 Kenyans living in the diaspora. The service allows customers worldwide to access their accounts for purposes of conducting convenient payments such as monthly salary transfers, remittances, affordable money transfers, foreign currency issuance, among other services. Yesterday?s launch, which was presided over by Commonwealth ...Blog Post
This is the second post on CGD?s event ? check out yesterday?s post to read more. At the Eyes Beyond the Prize event yesterday several major themes emerged: how to keep the spirit of microfinance present as it grows and incorporates external forces like governments, investors, and...
Leaders in the Field Weigh in on the Future of Microfinance (II)Blog Post
Editor’s note: NextBillion staff writer Courtland Walker recently returned from a 10-day trip to Rwanda. Over the next week, he will post reflections on his trip as part of the Rwanda Journal series.? This is the second post in the series; read the first here. In reference to David’s...
Rwanda Journal: Dear Dave,Blog Post
Remember IPEG (International Private Enterprise Group)? We’ve written about it in the past, and have mentioned the nascent DC chapter as well. A quick reminder: the group aims to create an opportunity for professionals interested in the intersection between business and development to...
International Private Enterprise Group – DC – January Meeting
