Economic Development

Economic Development Strategies to Combat Global Poverty

Exploring the practical challenges of utilising business strategies to fight poverty in developing countries, this article delves into investor interests, innovation trends, donor support, and the impact investment landscape. Join the discussion on aligning goals with ground realities to maximise social impact.
It’s been 20 years since C.K. Prahalad popularized the Base of the Pyramid concept, targeting the 3 billion people living on less than $2.5 a day. Despite numerous ventures and educational focus, comprehensive long-term outcomes remain unclear. This series of articles examines BoP successes, challenges, and the need for strategic resource allocation in impact investing.
Small and medium-sized enterprises (SMEs) can achieve a competitive edge by adopting the UN Sustainable Development Goals (SDGs). Embracing sustainability offers numerous benefits, and the UN Global Compact Network UK’s SDG Playbook provides practical steps to help SMEs successfully integrate these goals into their business models.
The textile and apparel industries are showing signs of progress on gender awareness and women’s empowerment. Yet, at the start of their supply chains, the cotton sector lags behind. So, Alia Malik asks: How can cotton sow fields of change?
Youth Business International (YBI) together with ten enterprise support organisations (ESOs) from its global network of members have developed an evidence-informed approach that can systematically improve the financial health of young entrepreneurs by combining financial access and literacy via three pathways for ESOs to enhance their support.

What do we mean by "Economic Development"?

Explore how economic growth can significantly reduce poverty through innovative business initiatives and strategic planning. Join us in making a difference.

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