Economic Development

Economic Development Strategies to Combat Global Poverty

Our Online Written Discussion “Enhancing the Livelihoods of ‘Hidden Women’ in Global Smallholder Value Chains,” focused on how companies and partnerships can significantly improve
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Our Online Written Discussion covered “Embedding Climate and Social Innovation into Business.” Panelists explored the integral connection between a company’s purpose and its capacity
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Our webinar explored the “Business Partnerships to Strengthen Food Systems,” delving into the essential components of successful partnerships and the role of these collaborations
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Our webinar explored “The Business and Societal Case for Living Wages”. The participants explored how living wages are integral to rebuilding a better, more equitable
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Our webinar explored “Business Leadership for the SDGs” and discussed the transformation of corporate commitments into tangible actions and the evolution beyond traditional philanthropy.
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In GSMA’s new report, they explore the specific benefits that plastics organisations (for-profit start-ups or social enterprises that manage plastic waste collection and recycling) in LMICs currently reap, or could eventually reap, from using digital tools or services or partnering with technology organisations, such as mobile network operators (MNOs).
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When the COVID-19 pandemic struck, global supply chains were hit hard, affecting millions of workers across the globe. In the Kenyan floriculture sector, the subsequent 25-40% air freight reduction has meant lower export rates, a supply slowdown, and loss of jobs for thousands.
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Greater food sovereignty in Haiti would support local farmers and reduce the risk of hunger crises in the future. A growing network of organizations is pushing Haiti in that direction, allowing more Haitian farmers to support their own families while getting food to those most in need. Acceso Haiti is part of that expanding ecosystem.
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At the Business Roundtable for Inclusive Growth, Fundación CODESPA and a group of Spanish companies dedicated their 2020 annual research study to answer the question above. As a result, it has inevitably sparked another question: Is inclusive growth possible now, in times of socio-economic crisis?
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If we are to build a future that truly leaves no one behind, as envisioned by the Sustainable Development Goals, we need to move towards a world in which companies respect and value all people. The task ahead is complex, but social metrics such as the ones proposed in the World Benchmarking Alliance’s social transformation framework can help light the way, increase accountability, and enhance collaboration.
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These numbers show that when entrepreneurs receive support, they can innovate, adapt, and overcome enormous obstacles. But there are millions of entrepreneurs in the world, still facing down the prospect of losing their business amid the lingering crisis. Civil society, government, and the private must work together to reach these women and men.
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The flower and plant industry must move towards achieving living wages for underpaid horticultural workers in low-income countries and must support efforts to improve the rights of workers, so they can begin to build resilience to crises such as Covid-19, says the Fairtrade Foundation.
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Join this live written discussion in our private LinkedIn Group, as part of our Rebuild Better Gender Summit. This discussion will take place on 11 March 3.30 – 4.30 PM GMT / 10.30 – 11.30 AM EST
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Join this live written discussion in our private LinkedIn Group, as part of our Rebuild Better Gender Summit. This discussion will take place on 10 March 3.30 – 4.30 PM GMT / 10.30 – 11.30 AM EST
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Join this live written discussion in our private LinkedIn Group, as part of our Rebuild Better Gender Summit. This discussion will take place on 9 March 3.30 – 4.30 PM GMT / 10.30 – 11.30 AM EST
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Youth unemployment in developing countries is a pressing problem – youth face multiple constraints that affect both their decision to enter the labor force and their access to employment. And the Covid-19 has further exacerbated these issues. Solutions for Youth Employment (S4YE), a global partnership led by the World Bank, recently launched a new digital resource, the S4YE Knowledge Repository, to to provide easy access to practical tools and resources on youth employment.
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There are limited materials and resources designed specifically for individual entrepreneurs and micro, small and medium enterprises (MSMEs), especially in emerging markets, which address the barriers faced in implementing decent work principles into their businesses. YBI’s new brief shares learning and sets out their recommendations to help young entrepreneurs embed decent work principles into their businesses .
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Before COVID-19, over 700 million people worldwide were living in extreme poverty. The pandemic could push an additional 150 million people into extreme poverty by the end of 2021. People experiencing extreme poverty already have limited access to health care, food, clean water, and public services. They face obstacles in accessing markets, employment opportunities, and financial services, and this inequality has only increased due to pandemic lockdowns.
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Female social entrepreneurs are more likely to change social and cultural norms through their work than their male counterparts, according to Ashoka’s 2018 Global Impact Study. Yet the mainstream idea of what makes a social initiative “successful” excludes the model used by many female entrepreneurs.
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During our conversation, Rupa shares why she and her World Woman Foundation are on a mission to unlock the power of women and why investing in women-led enterprises will unlock huge potential.
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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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