News
The Ten-Cent Solution 
By Clive Crook, The Atlantic Online, February 16, 2007
Cheap private schools are educating poor children across the developing world—but without much encouragement from the international aid establishment.
>> More Details | created on: 02/16/2007
Six Trends Will Drive Sustainable Development, According to PricewaterhouseCoopers
PricewaterhouseCoopers, April 10, 2006
Sustainable development will steadily advance over the next 10 years, with six major trends influencing industry world-wide, according to a new PricewaterhouseCoopers' report, "Corporate Responsibility: Strategy, Management and Value." The challenge of creating strategies that meet immediate needs without sacrificing the needs of future generations will be driven by the growing influence of: global market forces; revisions in corporate governance; high speed innovation; large scale globalisation; evolving societal requirements and communication, the report says.
>> More Details | created on: 04/11/2006
Making the market work for the poor 
By Ann Bernstein & Paul Zille , Business Day, April 6, 2006
AS a new development approach, making markets work for the poor (MMW4P) can have a big impact in SA because it is about changing the circumstances that prevent the poor from participating more effectively and extensively in the market economy.
>> More Details | created on: 04/11/2006
HK explores new ways to help poor people
China View, April 6, 2006
More than 300 participants from various sectors on Thursday attended the Conference on Social Enterprise to discuss new approach to helping the poor.
>> More Details | created on: 04/07/2006
The Business of Giving
By The Economist, February 23, 2006
Philanthropy is flourishing as the number of super-rich people keeps growing. But the new donors are becoming much more businesslike about the way their money is used, says Matthew Bishop.
>> More Details | created on: 02/28/2006
The Birth of Philanthrocapitalism
By The Economist, February 23, 2006
RELATIVE to the corporate environment, we are in the 1870s. But philanthropy will increasingly come to resemble the capitalist economy, predicts Uday Khemka, a young Indian philanthropist and a director of the SUN Group investment company owned by his family.
>> More Details | created on: 02/28/2006
Business Prophet
By CK Prahalad, Business Week, January 23, 2006
This article discusses how strategy guru C.K. Prahalad is changing the way CEOs think.
>> More Details | created on: 01/27/2006
Putting Paid to Poverty
By Al Hammond & Bill Kramer, January 17, 2006
"Putting Paid to Poverty" provides a hopeful scenario for the development of the 'base of the pyramid' over the next ten years.
>> More Details | created on: 02/17/2006
Pennies from the poor add up to fortune
By David Ignatius, The Korea Herald, July 1, 2005
>> More Details | created on: 01/03/2006
MIT Team Seeks to Seed Developing World with $100 Laptops
By Mark Jewell, The Detroit News, April 4, 2005
Addresses MIT's efforts to bridge the digital divide by bringing laptops to children in the developing world.
>> View Article | created on: 11/18/2005
A Fortune at the Bottom of the Pyramid
By Edward Luce, Financial Times, January 1, 2005
Identifies the market in private education by highlighting the proliferation of private slum schools in India.
>> View Article | created on: 11/18/2005
The Global Compact: A Business Perspective
International Chamber of Commerce, July 1, 2004
A look at the Global Compact as businesses begins to take more of a role in International Development.
>> View Article | created on: 11/18/2005
The Corporate Key: Using Big Business to Fight Global Poverty
By George C. Lodge, Foreign Affairs, July 1, 2002
The authors analyze a new approach to global development addressing a global corporate alliance that brings business know-how and profit motive into play.
>> View Article | created on: 11/18/2005
How Marketing Can Reduce Worldwide Poverty
By Martha Lagace, HBS Working Knowledge, January 7, 2002
Discusses how the marketing profession can play a huge role in alleviating global poverty.
>> More Details | created on: 01/24/2006
Strategic Innovation: Hindustan Lever Ltd
By Rekha Balu, Fast Company, June 1, 2001
Highlights Hindustan Lever's success through soap marketing and distribution at the BOP.
>> View Article | created on: 11/18/2005
Why India's Poor Pay for Private Schools
By AMY LOUISE KAZMIN , Business Week Online, April 17, 2000
The people of Naini were angry. The primary school in their impoverished Himalayan village had just two teachers for more than 110 children in the first through fifth grades. Their kids spent most of the time working on their own. With so many students per teacher, and each teacher working with five grade levels, one father of two boys, farmer Diwan Singh Rawat, asked: ''How is the teacher going to teach?'' Rawat, who supplements his agricultural income by running a small shop that sells biscuits, candies, and cigarettes, says: ''Even if children go for six months to the government school, they don't learn anything.''
>> More Details | created on: 12/07/2006
Cases
Serving the Poor: Do Embedded Ties Matter?
By Pablo Sánchez, Miguel Ángel Rodríguez & Joan Enric Ricart , IESE Business School, January 1, 2005
In the past, the 4.6 billion people living in poverty were considered anything but a market. Recently, however, several authors have suggested that by stimulating commerce and development in low-income segments, multinationals could radically improve the lives of billions of people and help create a more stable and inclusive world. In order to succeed at this challenging goal, companies need not only to innovate strategies, business models and products, but also to better understand the market and local customer needs.
>> More Details | created on: 04/18/2006
Project Employability: Lafarge India
World Business Council for Sustainable Development, October 6, 2004
Lafarge is working to alleviate high unemployment in rural areas combined with a lack of skilled and qualified masons in the construction markets through its "Project Employability" program.
>> View Article | created on: 11/22/2005
Sustainable upstream development: BP Trinidad and Tobago
World Business Council on Sustainable Development, April 16, 2004
BP enables capability development among the local supplier community in a way that enhances their ability to support its growth agenda and enlisting the support of other operators, suppliers, state agencies, financial and learning institutions to create maximum socio-economic impact.
>> View Article | created on: 11/22/2005
Businesses Are Helping to Overcome Global Poverty
By Stern N, Richard Ivey Business School, January 1, 2004
The facts today point to a decline in global poverty and to the reality that global economic development is working. These positive developments are due to policies pursued by both public organizations and the international business community. But as the Chief Economist of the World Banks says, business can do even more to help the world's poorest countries.
>> More Details | created on: 04/18/2006
Coca-Cola: The entrepreneur development program
World Business Council on Sustainble Development, March 20, 2003
Coca-Cola’s Southern Africa division, in conjunction with local bottling companies, have developed the Entrepreneur Development Program in South Africa to help new entrepreneurs enter the supply chain and profit from new sustainable business ventures.
>> View Article | created on: 11/22/2005
Corpomedina: Social and Economic Development, Venezuela
By Luis Sanz & Lawrence Pratt, World Resources Institute, 2000
As part of its strategy to develop tourism in an economically depressed zone of Venezuela, Corpomedina formed an independent foundation aimed at improving the quality of life for the local population through health, cultural, and educational programs, and through the creation of micro-enterprises.
>> View Article | created on: 11/22/2005
Rick Surpin, United States
By Penelope Rowlands, David Bollier & Kirk O. Hanson, Business Enterprise Trust, January 1, 1992
A long-time community development worker creates hundreds of jobs for low-income women and minorities by forming a for-profit home health care cooperative, Cooperative Home Care Associates.
>> View Article | created on: 11/22/2005
Academic Research
A Dime a Day: The Possibilities and Limits of Private Schooling in Pakistan
By TAHIR ANDRABI, JISHNU DAS & ASIM IJAZ KHWAJA , World Bank, November 1, 2006
This paper looks at the private schooling sector in Pakistan, a country that is seriously behind schedule in achieving the Millennium Development Goals. Using new data, the authors document the phenomenal rise of the private sector in Pakistan and show that an increasing segment of children enrolled in private schools are from rural areas and from middle-class and poorer families.
>> More Details | created on: 12/07/2006
Is Private Education Good for the Poor?
By James Tooley, Working Paper from University of Newcastle Upon Tyne (England), June 25, 2005
Private education is often assumed to be concerned only with serving the elite or middle classes, not the poor. And unregistered or unrecognised private schools are thought to be of the lowest.
>> More Details | created on: 11/23/2005
Fulfilling India's Promise
By Rajat K. Gupta, McKinsey Quarterly, 2005 (Subscription Required)
The article discusses how India must take steps to boost its economic prospects, lift its living standards, and improve opportunities for the multinational companies that do business there.
>> More Details | created on: 03/20/2006
Impact of Microfinance Programs on Children's Education: Do the Gender of the Borrower and the Delivery Model Matter?
By Nathalie Halvoet, Journal of Microfinance, Vol. 6, No. 2; , December, 2004
This article highlights the effects particular features of microfinance programs have on childhood education. Using data from a South India household survey, the article examines how microfinance impacts schooling and literacy, how credit enters the household, and who brings it in.
>> More Details | created on: 01/24/2006
Factors Influencing Women Entrepreneurs of NGOs in India
By Femida Handy & Meenaz Kassam, Nonprofit Management and Leadership, July 7, 2003 (Vol. 13, Issue 2)
This article examines women entrepreneurs in the nonprofit sector in India to determine which factors influence such self-selection.
>> View Article | created on: 11/22/2005
The Great Leap: Driving Innovation from the Base of the Pyramid
By Hart, Stu & Christensen, Clayton, MIT Sloan Management Review, September, 2002 (Fall 2002)
The authors illustrate their point of how and when BOP can be successful with examples of companies that are already profitably disrupting such industries as telecommunications, consumer electronics and energy production.
>> View Article | created on: 11/22/2005
PACT's Women's Empowerment Program in Nepal: A Savings- and Literacy-led Alternative to Financial Building
By Jeffrey Ashe & Lisa Parrott, Journal of Microfinance, Vol. 4, No. 2; , September, 2002
>> More Details | created on: 01/24/2006
Why do the Poor and the Less-Educated Pay More for Long-Distance Calls?
By Hausman, Jerry A. & Sidak, J. Gregory, January 25, 2002
The paper documents that poor and less-educated customers pay more for long-distance phone calls because these customers are more apt to pay the message toll service (MTS) rates and/or other higher rates.
>> View Article | created on: 11/22/2005
Small Schools, Big Lessons
By Bill McKinney & David m. Steglich, et al, McKinsey Quarterly, 2002 (Subscription Required)
Small learning communities can help big-city public schools re-create the intimacy and personal attention of their small-town counterparts, boosting graduation rates and achievement.
>> More Details | created on: 03/20/2006
The Fortune at the Bottom of the Pyramid
By C.K. Prahalad & Stuart L. Hart, Strategy+Business, January, 2002 (Issue 26, First Quarter 2002)
Dispells some of the assumptions regarding selling to the poor and discusses how companies can both maximize their profits and help the poor
>> View Article | created on: 11/22/2005
Building Better Lives: Sustainable Integration of Microfinance and Education in Child Survival, Reproductive Health, and HIV/AIDS Prevention for the Poorest Entrepreneurs
By Christopher Dunford, Journal of Microfinance, Vol. 3, No. 2; , September, 2001
This paper provides diverse examples of microfinance institutions that have responded successfully to the challenge of integrating microfinance with nonfinancial services, without compromising the impacts or sustainability of their microfinance and overall operations. Special attention is given to the integration of microfinance with health education for very poor women, including the promotion of family planning and HIV/AIDS prevention management. The credit and education components reinforce each other by addressing the informational as well as the economic obstacles to health and nutrition.
>> More Details | created on: 01/24/2006
A Point of Light in Mumbai
By Rukmini Banerji & Madhav Chavan, et al, McKinsey Quarterly, 2001 (Subscription Required )
By developing a low-cost distribution channel, an Indian nonprofit organization can deliver child education and nutrition programs for just a few dollars a child per year.
>> More Details | created on: 03/20/2006
India as a Source of Innovations
By C.K. Prahalad, 2000
Analyzes and the old mindset of the poor as an intractable problem and shows how currently there has been a shift in this mindset to one of the poor as an active market and the Bottom of the Pyramid as a source of innovation for this market.
>> View Article | created on: 11/22/2005
Books
Inequality and Poverty in Africa in an Era of Globalization: Looking Beyond Income to Health and Education
By David E. Sahn & Stephen D. Younger, Cornell Food and Nutrition Policy Program Working Paper No. 194 , November 25, 2005
This paper describes changes over the past 15-20 years in non-income measures of wellbeing - education and health - in Africa.
>> More Details | created on: 03/20/2006
Capitalism at the Crossroads
By Stuart L. Hart, Wharton School Publishing, March 30, 2005
Global capitalism stands at a crossroads—facing international terrorism, worldwide environmental change, and an accelerating backlash against globalization. Today's global companies are at a crossroads, too: finding new strategies for profitable growth has never been more challenging. Both sets of problems are intimately linked, says Stuart L. Hart—and so are the solutions.
>> More Details | created on: 11/30/2005
Profits with Principles: Seven Strategies for Delivering Value with Values
By Ira Jackson & Jane Nelson, Currency, June 29, 2004
At a time when unethical business practices continue to dominate the business press, PROFITS WITH PRINCIPLES offers persuasive proof that when businesses combine profit making with a concern for values and the greater good, they do better in the marketplace than those that concentrate only on the bottom line.
>> More Details | created on: 02/14/2008
Raising the Bar: Creating Value with the United Nations Global Compact
By Claude Fussler (editor) & Aron Cramer, et al, Greenleaf Publishing, 2004
Raising the Bar, produced by a unique team of business experts and UN agencies, is designed to fill a critical vide - poches the support of more than 1,000 organisations for the globally recognised Principles of the United Nations Global Compact and the need for this support to be translated into the day-to-day running of business to create value and improve performance.
>> More Details | created on: 11/30/2005
How to Change the World: Social Enrepreneurs and the Power of New Ideas
By David Bornstein, Oxford University Press, December 1, 2003
What business entrepreneurs are to the economy, social entrepreneurs are to social change. They are, writes David Bornstein, the driven, creative individuals who question the status quo, exploit new opportunities, refuse to give up--and remake the world for the better.
>> More Details | created on: 11/30/2005
Education Sector Study: Pro-Poor Economic Growth Effects of Policies and Activities
By Jere R. Behrman, USAID Bur. for Economic Growth, Agriculture, and Trade, April, 2003
The paper reviews what is known and what is not known about the pro-poor economic growth effects of policies and activities in the educational sector, drawing on substantial literature in this area.
>> More Details | created on: 02/13/2006
Development as Freedom
By Amartya Sen, Anchor Books, August 15, 2000
Development as Freedom is a general exposition of the economic ideas and analyses of Amartya Sen, winner of the 1998 Nobel Prize in Economic Science. This brilliant and indispensable treatise compellingly analyzes the nature of contemporary economic development from the perspective of human freedom. Freedom, Sen persuasively argues, is at once the ultimate goal of economic life and the most efficient means of realizing general welfare. It is a good to be enjoyed by the world's entire population. Drawing on moral and political philosophy and technical economic analysis, this work gives the nonspecialist reader powerful access to Sen's paradigm-altering vision and vividly shows how he, in the words of the Nobel Prize committee, has both "restored an ethical dimension to the discussion of economic problems" and "opened up new fields of study for subsequent generations of researchers."
>> More Details | created on: 11/30/2005
Business as Partners in Development: Creating Wealth for Countries, Companies, and Communities
The International Business Leaders Forum, 1996
Published in collaboration with the World Bank and the United Nations Development Programme, this publication is aimed at every level of an organisation, and seeks to stimulate consideration of the new way of doing business. In the context of three billion people rapidly taking their place in market economies, the private sector has become the principal motor of development and a growth-test of economic strength.
>> More Details | created on: 11/30/2005