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Five Questions For Professor Jagdish Bhagwati On The Indian Economy And Prime Minister Modi’s Next Steps
Jagdish Bhagwati, university professor at Columbia University and senior fellow for international economics at the Council on Foreign Relations, has been described as the most creative international trade theorist of his generation. He has been a leader in the fight for freer trade for decades.
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- Region
- South Asia
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NexThought Monday – Cash Transfers, Prejudice and Mental Health: MIT researchers discuss some overlooked aspects of their RCT on GiveDirectly
Cash transfers to the poor are often criticized as “handouts,” which dilute incentives to work, instill dependency, and may be wasted on alcohol, tobacco or other potentially harmful activities. But the researchers behind the recent randomized controlled trial on the cash transfer charity GiveDirectly argue that these criticisms are based on prejudice rather than fact, and that the economic impact of cash transfers is only part of the story.
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- Health Care, Impact Assessment
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Chamber speaker champions Yunus investing model to ease social problems
Muhammad Yunus has devoted himself to aiding the impoverished. The Bangladeshi economist, known as the father of microcredit and microfinance, continues to search for remedies to the economic woes of Third World nations. The microfinance and microcredit concepts that he pioneered in the 1970s have since moved 20 million families in his native country out of poverty and earned him a Nobel Prize in 2006.
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- Health Care, Impact Assessment
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Engaging Diasporas in Development Through Investment – Part 2: Calvert explores ways to facilitate migrant investment flows
Calvert Foundation explores ways to engage diasporas and migrants in international development through investment flows in their recent post, published in two parts on NextBillion. Part two discusses topics like how to appeal to younger investors, and whether social and environmental impact should play a role.
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- Impact Assessment, Investing
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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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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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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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