Multilaterals can provide sustainable business solutions – the recent BRICS summit highlighted how. Two weeks ago, the leaders of the five BRICS emerging nations –– Brazil, Russia, India, China and South Africa–– met in Fortaleza, Brazil for the 6th BRICS Summit. A $100 million development bank and a currency reserve pool were launched among the nations, a long-waited … [Read more...] about World looks to BRICS for sustainable business solutions
* By Andre Averbug Most discussions about scaling up base of the pyramid (BOP) models focus on financing the companies themselves, yet there are other ways development finance institutions (DFIs )could support BOP ventures. … [Read more...] about Two cents from an entrepreneur: how development institutions can help scale up base of the pyramid models
Miriam, 43, lives in Cañadas del Florido, a low-income neighborhood in Tijuana, Baja California, the northernmost state of Mexico. Three years ago, on any given day, Miriam and her three children would watch criminals, drug addicts, and vagrants frequent the empty house next-door. Their streets were littered with garbage and dead animals. This is not an uncommon situation in … [Read more...] about Abandoned houses prove golden opportunity: An interview with Antonio Díaz, Founder and CEO of Provive
*By Stefan Wright and Cynthia Hobbs Sometimes one opportunity can change a person’s life. That seems to be the case for Mr. Keefa Harris of Kingston, Jamaica. Keefa received training in steel work under an IDB-funded Citizen Security & Justice Program. His interest and dedication set him apart as a star participant. … [Read more...] about From Boys to Men: How inclusive business in the Caribbean drives social and financial returns
As in romance, a company and its corporate governance structure can be a match made in heaven. Together they can ensure greater competitiveness, transparency and access to international financial markets. Consequently this attracts more investors to the country. And while the “perfect marriage” does not exist, when it comes to family business, corporate governance fosters … [Read more...] about Corporate Governance: A match made in heaven or a relationship on the rocks?