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“Correlation is not causation”: Roodman takes issue with World Bank study
The issue is standard. Correlation is not causation. The Economist makes a strikingly confident statement about how one thing affects another. The problem is that in families and villages, everything affects everything. Taking more microloans can make people wealthier or poorer. Being wealthier or poorer can make people take more microloans. The arrows go in circles. Statistics can measure correlations. How do we make the leap to causation?
- Categories
- Education, Impact Assessment
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Corporate Social Responsibility: Should It Be A Law?
India is the first country to have corporate social responsibility (CSR ) legislation, mandating that companies give 2 percent of their net profits to charitable causes.
- Categories
- Impact Assessment
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Firms Investing in Social Sector Have deployed $1.6 B in India since 2000
According to a report, the number of foreign investors looking to invest in the social sector has increased.
- Categories
- Impact Assessment
- Region
- South Asia
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Why impact investment could soon be a trillion-dollar industry
By the end of the decade, impact investment has the potential to reach $1 trillion (£600 billion) and deliver significant social benefits, according to Jennifer Kenning, director of wealth management and spearhead of impact investing at US wealth management firm Aspiriant.
- Categories
- Impact Assessment
- Tags
- impact investing
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Investing in Africa: the imperative to invest sustainably
There is no one way to do business in Africa. But through exploring both the opportunities and the challenges experienced by companies operating successfully in Africa, a number of key lessons can be unearthed.
- Categories
- Environment, Impact Assessment
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Weekly Roundup – The Indispensable Platform: The growing importance of mobile access to businesses that serve the poor
With over 50 percent of people in the developing world having access to a cell phone, mobile access has become an indispensable platform for businesses and services focused on the BoP. We discuss its impact and potential in this week’s Roundup.
- Categories
- Agriculture, Education, Energy, Impact Assessment, Technology, Telecommunications
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How Do You Measure the Bottom Line for Impact Investing?
Since 1993, when I was at the Yale School of Management, to my work with the Calvert Funds and Foundation and now with my company Honest Tea, I’ve been a part of hundreds of discussions and debates about how to evaluate the return on an impact investment.
- Categories
- Impact Assessment
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Social Enterprises in India Received $1.6 B in 14 years
Of the USD 1.6 billion invested in the country since 2000, USD 435 million was made by dedicated impact investors like Aavishkar, Omidyar Network among others, the report by social advisory firm Intellecap said.
- Categories
- Impact Assessment
- Region
- South Asia
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