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Viewpoint: 2019 Nobel* prize reveals the poverty of economics
The three new Laureates deserve the prize in economics in memory of Alfred Nobel. But the award shows how poor the modern economics discipline is in terms of gender equality, research methods, self-examination, and genuine insight into the lives of the poor.
- Categories
- Education, Impact Assessment
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RSF-Purpose Initiative Responds to Demand for Mission-First Business Models
A grassroots global movement is emerging behind mission-first business models rooted in stakeholder governance—rather than shareholder control—and RSF Social Finance and the Purpose Foundation are collaborating to help that movement grow. Today they released a report that serves as a handbook for companies exploring alternative business structures and financing.
- Categories
- Environment, Finance, Investing, Technology
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A New How-To Guide Chronicles Food and Water Innovators
It's challenging enough to start a business in mature markets, but just try running one in a rural community in a developing country with poor roads and customers who can't pay you. “Innovator Guidebook: Navigating Business Models for the Base of the Pyramid in Water and Energy for Food," highlights lessons from innovators funded by the five-year Securing Water for Food Grand Challenge. The online resource was unveiled today at SOCAP.
- Categories
- Agriculture, Education, Energy, Technology
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Political jitters drive U.S. to biggest fall in global social entrepreneurs poll
Opportunities to build businesses with a mission to do good in the United States have plummeted since 2016 due largely to a decline in government support, according to the second global poll on the best countries for social entrepreneurs on Tuesday. The United States fell the most out of 45 countries in the Thomson Reuters Foundation survey of about 900 social enterprise experts, diving to 32nd place from the top ranking in the inaugural survey three years ago. The poll found the United States fell the most of all nations when respondents were asked if government policy supported social entrepreneurs, and came last in a combined ranking about women’s leading role in running such businesses.
- Categories
- Uncategorized
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Report: 93% of Execs Say Blockchain Helps Achieve Social Impact Goals
Ken Weber, Ripple’s head of social impact, said: “While still early in its development, blockchain is an undeniably promising new technology with far reaching consequences across a wide variety of sectors and use cases.”
- Categories
- Technology
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Inside-Out: The Good and the Bad of insight2impact
Does this situation sound familiar? A development program generates lots of intriguing insights – but once it's over, these learnings end up languishing in a sparsely read report in the back pages of a website. That’s the scenario insight2impact (i2i) aims to avoid. As the program wraps up, i2i lead Hennie Bester describes how it's bringing the insights it has generated, from both successes and failures, to the organizations that can use them – including through a new partnership with NextBillion.
- Categories
- Finance
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Revisiting our Assumptions About Digital Financial Inclusion: Three Unexpected Findings from BFA’s FIBR Project
When BFA launched its FIBR (Financial Inclusion on Business Runways) R&D project four years ago, it outlined a set of assumptions about how smartphones, increased connectivity and digitization would help to accelerate financial inclusion for small businesses in Africa. As the project wraps up, BFA Founder and Chair David Porteous explores which of those assumptions still hold – and which need to be reassessed as unanticipated developments have reshaped the market.
- Categories
- Finance
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Building Financial Stability: Can Liquid Savings Help Recession-Proof the Economy?
Though the U.S. economy is experiencing a historic expansion, stock market jitters and other recent developments have some economists predicting a recession. And according to Mariel Beasley at Common Cents Lab and Timothy Flacke at Commonwealth, cracks have been forming beneath the surface of the economy for a long time. They explore the surprising financial insecurity facing American households, and explain why short-term, liquid savings could help mitigate the effects of a future recession before it begins.
- Categories
- Finance
- Tags
- financial health, research, savings
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