The options of where to turn are only increasing as types of innovative finance from crowdfunding, peer-to-peer lending and venture capital, to angel investors and foundation funding continue to grow. Development donors, too, are increasingly exploring how to put their money to work in supporting entrepreneurs — sometimes that offers a great opportunity to test […]
Private Sector
‘Profitability is Sustainability’ : 17 ideas on business and development
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 […]
Will private sector money radically transform development?
One of the buzzwords at the recently concluded Financing for Development (FFD3) conference in Addis was ‘partnership’. At just one side event, hosted by the One Campaign, 30 speakers mentioned the word 34 times in just two hours. At the International Business Forum, held in parallel to FFD3, the conference secretary-general, Wu Hungbo said that […]
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 […]
DfID to pump £735m into investment arm for private sector projects
The UK’s Department for International Development (DfID) is to invest an extra £735m over the next three years into the CDC Group, the British development finance institution that specialises in private sector funding. DfID is increasingly targeting private sector investment, which the international development secretary Justine Greening has said will help to end aid dependency […]
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 […]
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 […]