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Pioneering in Colombia : The country has forged a strong record of BoP-focused ventures
This transformation did not occur overnight, it was a long process that began to crystalize about 14 years ago when the country suffered a deep economic recession. The economic downturn and the instability that followed was a wake up call to the nation. If Colombia was ever going to reach its true potential as South America’s second largest economy, both the public and private sector needed to join forces and build a new future together, particularly for the millions of Colombians at the BoP.
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Measure for Measure series – Gauging Social Impact? : Here’s why you might want to send a proxy
Impact on environmental, or social issues such as gender equity obviously are more difficult to measure. But if we want businesses and markets to prioritize and create positive social impact alongside commercial benefits, it can be useful to value social impact in a similar way to net profits and losses on a spreadsheet. Proxies can help measure things that are not directly observable.
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