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The Aid Trap

Author: R. Glenn Hubbard
Publisher: Columbia University Press
ISBN: 0231519508
Size: 25.18 MB
Format: PDF, ePub
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Over the past twenty years more citizens in China and India have raised themselves out of poverty than anywhere else at any time in history. They accomplished this through the local business sector the leading source of prosperity for all rich countries. In most of Africa and other poor regions the business sector is weak, but foreign aid continues to fund government and NGOs. Switching aid to the local business sector in order to cultivate a middle class is the oldest, surest, and only way to eliminate poverty in poor countries. A bold fusion of ethics and smart business, The Aid Trap shows how the same energy, goodwill, and money that we devote to charity can help local business thrive. R. Glenn Hubbard and William Duggan, two leading scholars in business and finance, demonstrate that by diverting a major share of charitable aid into the local business sector of poor countries, citizens can take the lead in the growth of their own economies. Although the aid system supports noble goals, a local well-digging company cannot compete with a foreign charity that digs wells for free. By investing in that local company a sustainable system of development can take root.

Social Entrepreneurship

Author: David Bornstein
Publisher: Oxford University Press
ISBN: 0195396332
Size: 44.12 MB
Format: PDF, Kindle
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In a book presented in a Q-and-A format, the authors explain what social entrepreneurs are, how their organizations function, what challenges they face and how readers can get involved in the efforts that social entrepreneurs are spearheading. Cowritten by the author of How to Change the World. Original.

Business Strategies For The Bottom Of The Pyramid Collection

Author: Ted London
Publisher: FT Press
ISBN: 0132808544
Size: 66.49 MB
Format: PDF, Kindle
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3 extraordinary books show how to build “bottom of the pyramid” businesses that are sustainable, scalable, and profitable! Three remarkable books help you overcome the pitfalls of “bottom of the pyramid” business, learn from the pioneers’ successes and failures, and build “BoP” businesses that are sustainable, scalable, and consistently profitable! In Entrepreneurial Solutions for Prosperity in BoP Markets: Strategies for Business and Economic Transformation, Eric Kacou shows how to escape the “survival trap” that keeps many BoP businesses small, inefficient, and unprofitable. Drawing on his unique on-the-ground experience in Africa’s most challenging business environments, Kacou identifies new business models, operational techniques, and leadership approaches that can help BoP businesses grow rapidly and successfully. In Next Generation Business Strategies for the Base of the Pyramid: New Approaches for Building Mutual Value, Ted London and Stuart L. Hart share proven, “on-the-ground” insights for building “Base of the Pyramid” businesses that really are sustainable and green, really will help alleviate social ills, and really can scale. Finally, in Capitalism at the Crossroads: Next Generation Business Strategies for a Post-Crisis World, Third Edition, Hart offers an up-to-the-minute primer on sustainable business for today’s executives, practical insights into what’s working and what isn’t, and expert insights for crafting and executing your company’s optimal sustainability strategy. From world-renowned leaders in successful bottom-of-the-pyramid business innovation, including Ted London, Stuart L. Hart, and Eric Kacou.

International Development

Author: Bruce Currie-Alder
Publisher: Oxford University Press
ISBN: 0199671656
Size: 28.84 MB
Format: PDF
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Thinking on development informs and inspires the actions of people, organizations and states in their continuous effort to invent a better world. This volume examines the ideas behind development: their origins, how they changed and spread over time, and how they may evolve over the coming decades. It also examines the real-life experiences of different countries and organizations have been inspired by, and contributed to, thinking on development. Each chapterwill be an analytical survey of thinking about development, highlighting debates and taking into account critical perspectives. The volume is intended as a key reference on the range of concepts used tothink about development -their origins, evolution and trajectories- and act as a resource for an audience of scholars, graduate students and practitioners.

Development Cooperation In Times Of Crisis

Author: José Antonio Alonso
Publisher: Columbia University Press
ISBN: 023150439X
Size: 54.13 MB
Format: PDF
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Leading governments undertook extraordinary measures to offset the 2008 economic crisis, shoring up financial institutions, stimulating demand to reverse recession, and rebalancing budgets to alleviate sovereign debt. While productive in and of themselves, these solutions were effective because they were coordinated internationally and were matched with sweeping global financial reforms. Unfortunately, coordination has weakened after these initial steps, indicating one of the crisis's adverse effects will be a significant reduction in development cooperation. Urging advanced nations to improve their support for development, the contributors to this volume revisit the causes of the 2008 collapse and the ongoing effects of recession on global and developing economies. They reevaluate the international response to crisis and suggest more effective approaches to development cooperation. Experts on international aid join together to redesign the cooperation system and its governance, so it can accept new actors and better achieve the Millennial Development Goals of 2015 within the context of severe global crisis. In their introduction, José Antonio Alonso and José Antonio Ocampo summarize different chapters and the implications of their analyses, concluding with a frank assessment of global economic imbalance and the ability of increased cooperation to rectify these inequalities.

Foreign Aid And Emerging Powers

Author: Iain Watson
Publisher: Routledge
ISBN: 1317928334
Size: 15.24 MB
Format: PDF, ePub, Docs
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Current debates on emerging powers as foreign aid donors often fail to examine the myriad geopolitical, geoeconomic and geocultural tensions that influence policies of Official Development Assistance (ODA). This book advocates a regional geopolitical approach to explaining donor-donor relationships and provides a multidisciplinary critical assessment of the contemporary debates on emerging powers and foreign aid, bringing together economic and geopolitical approaches in the light of the 2015 completion of the Millennium Development Goals (MDGs). Moving away from established debates assessing the advantages and disadvantages of foreign aid, this book challenges the current geopolitical assumptions of the emerging powers concerning issues such as 'south-south' solidarity, shared development experience and 'multipolarity'. It analyses how donor governments 'sell' aid to recipients through enabling different cultural assumptions and soft power narratives of national identity and provides empirical evidence on agendas such as aid effectiveness, aid for trade, public-private partnerships, and green growth aid. The book examines the role of, and relationships between, the leading traditional and emerging power Asian donors specifically, and explores the different and contested perspectives and patterns of ODA policy through an alternative account of emerging power foreign aid to leading African and Asian recipients. This book provides a valuable resource for postgraduate students and practitioners across disciplines such as development economics and geopolitics of development, uniquely approaching the debate from the perspective of emerging powers and donors.

The Mutual Fund Industry

Author: R. Glenn Hubbard
Publisher: Columbia University Press
ISBN: 0231151829
Size: 67.50 MB
Format: PDF, Kindle
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Mutual funds form the bedrock of retirement savings in the United States, and, considering their rapid growth over recent decades, are sure to become even more financially critical in the coming decades. Because the size of fees paid by investors to mutual fund advisers can strongly affect the return on investment, these fees have become contentious in Congress and the courts, with many arguing that investment advisers grow rich at the expense of investors. This groundbreaking book not only conceptualizes a new economic model for the industry but uses this model to test price competition between investment advisers. Its highly experienced authors track the growth of the industry over the past twenty-five years and present the arguments and evidence both for and against theories of adviser malfeasance, as well as the assertion that market forces fail to protect investors' returns from excessive fees. The volume briefly reviews the regulatory history of mutual fund fees and leading case decisions addressing excessive fees. It also reveals the extent to which the governance structure of mutual funds impacts fund performance. There is no greater text for those who seek to understand today's mutual fund industry, including investors, money managers, fund directors, securities lawyers, economists, and those concerned with regulatory policy toward mutual funds