The challenge to business Adapt your models for poor countries: The role of the private sector goes beyond bolt-on philanthropic activities, it can be embedded in everyday business. This demands different business models. In GSK’s case, developing medicines and vaccines and making sure they are accessible is the contribution we can make. We have switched […]
Economy
Business Sees International Development As Both Duty And Opportunity
Many who work in the field of international development think of governments and large multilateral development institutions like the IMF and World Bank along with other large NGOs as the real players in that space. Increasingly, however, business is playing a role as more people in the commercial world recognize both the responsibility and the opportunities […]
Economic Vitality Building Regional Cohesion in the EU
Since its founding act, the Treaty of Rome in 1957, the European Community has pursued a policy of economic and social cohesion among its members. Formed in the aftermath of the Second World War, the EC was built on the belief that countries that trade together become economically interdependent and thus, less likely to engage […]
IMF Says Growth In Emerging Markets And Developing Economies Are Expected To Pick Up In 2016
According to a recent report from the International Monetary Fund (IMF), economic growth in emerging markets through calendar year 2016 will grow to 4.7 percent, driven by improvements in conditions in certain distressed economies, including Russia and economies in the Middle East and North Africa. The IMF is also forecasting that increases in global growth […]
What to expect from the Addis Ababa Financing for Development Conference
On Monday 13 July, world leaders will gather in Ethiopia’s capital, Addis Ababa, for the third Financing for Development summit (FFD3). On the agenda: work out where the money will come from to fund the two processes that start this year and aim to change the future for people and planet. As Jim Yong Kim, […]
Is India Really the World’s Most Attractive Economy for Investors?
Two years ago, India was an unhappy member of Morgan Stanley’s “Fragile Five,” a handful of emerging economies judged most vulnerable to tighter Federal Reserve policy and rising global bond yields. Since then, India’s oil bill has dropped, inflation has eased, gold imports have been curtailed, the trade deficit has narrowed — and in last […]
The power of collaboration: 6 success factors for private-NGO partnerships
Organizations from different sectors are increasingly recognizing the potential of greater cooperation to achieve positive change and improve the way that individual organizations can approach their work. This new outlook finds nongovernmental organizations identifying opportunities to work with private sector companies and, in turn, companies are seeing the benefits of greater engagement with civil society […]