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Engaging Diasporas in Development Through Investment – Part 1: Calvert explores ways to facilitate migrant investment flows
There is increasing interest among development organizations and aid agencies in harnessing the financial resources of global migrants to fund development needs in their countries of origin or heritage. Calvert Foundation shares lessons learned and key issues to consider when creating a strategy to engage diasporas in investment and international development.
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- Impact Assessment, Investing
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6 Reasons Online Remittances Are Primed to Explode: International money transfers are moving online – and that’s good news for the BoP
Global remittances to developing countries are estimated to exceed $436 billion in 2014, and research suggests that they help lower poverty significantly. Unfortunately, high fees have claimed a substantial part of this money. But multiple factors are driving the industry online, says Logan Lemberger - and that could be a boon for the global poor.
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- Uncategorized
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OPINION via Tony O. Elumelu: CSR as an anti-poverty instrument
In 2000, the United Nations made the historic announcement of eight Millennium Development Goals (MDGs). They were very specific and had a timeline of 15 years for delivery. Progress on most of these objectives has been encouraging, but as we look towards the next round of development goals, we must recognise how the world has changed since 2000.
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- Uncategorized
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Can innovation end global poverty?
Can the seemingly intractable problems of global poverty be addressed by the latest wonders of science and technology? Last month, the US Agency for International Development (USAID) announced the launch of its new Global Development Lab, which will bring together entrepreneurs, corporations, NGOs, universities, research institutions, and USAID personnel “to discover, incubate, and scale breakthrough development innovations in sectors like water, health, food security and nutrition, energy, and climate change,” in the words of Andrew Sisson, its acting executive director.
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- Impact Assessment, Technology
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Microcredit Impact Revisited
A few years ago, a storm was raging in the microcredit world. Nobel laureate Muhammad Yunus, a pioneer of the idea behind giving small working capital loans to groups of mainly poor women based on social collateral, had promised that microcredit would end poverty and "put it in the museums." But in an influential 2010 study, a group of researchers who spearheaded the concept of randomized-controlled trials (RCTs) in development economics, found no evidence that microcredit was making poverty history.
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- Uncategorized
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Opinion: How Rising Food Prices Can Bring About the End of Poverty
One of the world’s cruellest dilemmas is that the great majority of its starvation and malnutrition cases are found among farmers.
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- Agriculture, Environment
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OPINION: Why Giving Cash Helps Alleviate Poverty
Every year, wealthy countries spend billions of dollars to help the world’s poor, paying for cows, goats, seeds, beans, textbooks, business training, microloans, and much more. Such aid is designed to give poor people things they can’t afford or the tools and skills to earn more. Much of this aid undoubtedly works. But even when assistance programs accomplish things, they often do so in a tremendously expensive and inefficient way.
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- Uncategorized
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World Bank to Spend $8 Billion on Nigeria Over Four Years
The World Bank said it will provide Nigeria with projects worth $8 billion targeting job creation, social services and governance as part of its new country partnership strategy with Africa’s largest economy.
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- Uncategorized
- Region
- Sub-Saharan Africa