The latest publication from the World Bank Institute’s Business and Development Discussion Papers discusses the overlaps on business and philanthropy. Michael Jarvis and Jeremy Goldberg provide a briefing allows readers to get quickly caught up to speed on developments and consider the implications for both the business and development communities.
“Recent years have witnessed a dramatic increase in the philanthropic resources made available for global development, particularly from private sector sources who encourage the increased application of business thinking and models to philanthropic objectives. This blurring of boundaries is leading to the creation of promising hybrid models that combine aspects of business investment approaches and more traditional forms of giving.”
Business and philanthropy: The blurring of boundaries Michael Jarvis and Jeremy Goldberg World Bank Institute, 2008