Economic Development

Economic Development Strategies to Combat Global Poverty

An independent study led by a Nobel Prize-winning economist has confirmed some of the largest learning gains ever measured. The methods studied underpin the education of more than one million students supported by NewGlobe in classrooms every day, across Nigeria, Liberia, Rwanda, Kenya, Uganda and India.
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How to communicate social impact with Eric Ressler. Eric Ressler’s expert insight into why sustainability communications needs to up its game and how we can go about this.
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A new learning brief from IFC introduces how the fast-moving consumer goods (FMCG) sector, including manufacturers, e-supply chain actors, investors, and development organizations, can advance gender equality within the distribution activities. The brief provides a market overview and presents an emerging business case, the challenges facing women distributors and retailers, and recommendations.
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When the European Union embraced the concept of double materiality in the Corporate Sustainability Reporting Directive, mandating that investors consider risks corporations externalize onto people, the business and human rights movement notched a significant win. Now the notion of double materiality is also taking shape in a different guise beyond Europe: in rising investor concerns around systemic risks, including inequality.
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Remember the Sustainable Development Goals? It’s not a facetious question. Amid all the other corporate sustainability priorities of the past few years — net zero, ESG, the circular economy, social justice, resource constraints and all the rest — not to mention a seemingly never-ending drumbeat of political upheaval, economic uncertainty and a pandemic, the SDGs seem to have fallen off the business agenda
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At Archipel&Co, we’ve been working on last mile sales and distribution and sanitation products and services for decades. We were thrilled at the opportunity to combine the two in supporting SATO by LIXIL to identify, prioritise and execute a channel strategy for market-based distribution and sales in Ghana. Explore the case study here. 
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Ben Jeffreys is a social impact pioneer – he is dedicating his life to bring clean cooking to everyone around the world. Ben believes that this is one of, if not the world’s biggest social and environmental challenge … and he has the statistics to back it up.
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Meet Eric Meade, social impact pioneer and deep thinker about what poverty really means. During this conversation be prepared to rethink what poverty means to you and to others. Discover ways to better understand poverty, how others might be experiencing poverty. Apply this understanding to make better decisions and deliver deeper poverty-alleviating impacts.
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Half of refugees in the UK struggle to get employed. What can those of us working in the social impact space do to help them find meaningful work? In the recent WISE Ways to Lead webinar, hosted by Pioneers Post in partnership with NatWest, we heard from social enterprises working with refugees to answer just that. Read on for highlights, and watch the full discussion video.
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On behalf of Futuremakers by Standard Chartered, Business Fights Poverty in partnership with Murray Edwards College, University of Cambridge, conducted a survey of over 1,200 young people about financial inclusion. The survey responses and stakeholder interviews point to three main issues: i. Young people need to be put at the heart of designing products and services that are fit for them; ii. Young people require financial information and infrastructures to make informed financial decisions; iii. A relationship of trust needs to be built as part of the provision of financial services and products.
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A report on how paying living wages throughout core operations and the value chain strengthens business performance, resilience and stability, while delivering measurable social impact and enabling businesses to more effectively deliver on human and labour rights obligations. Published with Cambridge Institute for Sustainability Leadership and Shift, with support from Unilever.
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This guide explains how the practice of farmer segmentation, if done well, can help businesses better tailor their interventions to support smallholder farmers in their global supply chains, leading to skills development, improved access to agricultural inputs, greater resilience, and eventually, a Living Income. Download it for an overview of the basic steps that any company would take to get started, and to find out how segmentation is already helping businesses reach their objectives while improving smallholder livelihoods.
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Across the world, a confluence of challenges— notably, COVID, conflict, and climate change—is driving a poverty tsunami that is already crashing into people’s lives. Inside this latest magazine, you will find articles about businesses are building breakwaters to protect the growing number of vulnerable people against the oncoming wave. Our magazines help you navigate the challenges of scaling your social impact and share some of the leading edge thinking on topics across the space.​ Download the latest issue and past issues by clicking on the buttons below.
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On Monday, World Refugee Day marked the start of Refugee Week (20-26th June) – a UK-wide festival celebrating the contributions, creativity and resilience of refugees and people seeking sanctuary. Read on to learn more about a partnership between Comic Relief and Jersey Overseas Aid which has helped support some of the two billion people who lack access to formal financial services.
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Today, there are over 100 million forcibly displaced people in the world. NaTakallam, a social enterprise, is disrupting the way we typically think of humanitarianism, language learning and international development. By being the bridge to the private sector, NaTakallam provides vital work opportunities for refugees and conflict-affected individuals, including in Ukraine.
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The Futuremakers Forum will look at the barriers to young people’s financial inclusion as well as what lies beyond them, identifying ways to redesign financial services to better meet young people’s needs.
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Aleksandra and Sandra share their leading thinking on how to best support migrant workers; what business need to do to adhere to the new EU directive on Corporate Sustainability Due Diligence; and why training doesn’t need to stop when workers have differing languages or low literacy.
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Every day, inclusive business companies overcome a myriad of challenges to improve the lives of the poor. Without sacrificing their financial sustainability, they empower people at the base of the economic pyramid to improve their livelihoods or access beneficial products and services.
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As more and more boardrooms have sustainability at the top of their to do lists, Peter Bakker, President and CEO of the World Business Council for Sustainable Development (WBCSD), warns that if tackling inequality is not a key part of your plans, your sustainability efforts will fail, and your business will suffer.
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David Grayson, Mark Lee and Chris Coulter talk about their ‘Sustainable Business Handbook’ – the guide to practical action and developing sustainability strategy.
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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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