Economic Development

Economic Development Strategies to Combat Global Poverty

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Executive coaching is typically a privilege offered only to the most valued business professionals. After 20 years of working her way into the C-suite, Jane Finette’s employer offered her that opportunity. The experience fundamentally changed the way Finette saw the world and the role she would play as a leader.
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Earlier this month, the 2021 Edelman Trust Barometer reported that the pandemic has caused a crisis of public trust in our institutions. Its findings suggest a new mandate for business, which is now the most trusted institution, to play a key role in restoring trust and responding to social challenges.  
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In 2020, the modern economy became synonymous with the digital economy, and the Mastercard Center for Inclusive Growth re-doubled efforts to help MSMEs survive and thrive. Here they share four guiding principles that they will be incorporating into their work in 2021 to help bring about an inclusive and sustainable digital economy that works for everyone, everywhere.
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How do you predict, plan for and make the future you want become reality? Ask Cat Tully. Cat is the founder of the School of International Futures. During our podcast Cat explores with us what the future will be and how we can get there, providing practical guidance so that we can all get ready for the future we want.
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Inspiring inclusive businesses have invested in their relationships with stakeholders, shared experiences and strengthened public-private partnerships to stay resilient during the Covid-19 pandemic and tackle the needs of low-income communities around the globe in times of crisis.
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We find ourselves in the midst of a significant global transition. Policy makers around the world are directing trillions of dollars of public investment that will reshape the economy for decades to come in the aftermath of the pandemic. The pandemic has revealed, more than ever before, the highly interconnected nature of the global economy and its vulnerabilities.
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In Darfur, shared knowledge and improved technology is making cooking at home safer and cheaper. Practical Action teamed up with the Women’s Development Association to educate communities and introduce new Liquid Petroleum Gas (LPG) stoves in El Fasher. Reducing carbon emissions and giving thousands of families clean homes, clean lungs and more money to spend on essentials.
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Solutions to the global sanitation crisis can be generated by a multilateral approach, blending the expertise, research and support of the private sector with the focus and structure of the public sector to enable innovative local enterprises to deliver long-term, desirable solutions. This approach is increasingly being implemented, with a number of examples of businesses, enterprises and public sector stakeholders working together to deliver lasting responses to the sanitation crisis.
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Vasanthi Srinivasan is Professor of Organizational Behavior & Human Resources Management, and Chair of Digital Learning at the Indian Institute of Management Bangalore, talks to us about why companies should have programmes to develop women leaders.
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Ute Stephan, Professor of Entrepreneurship at King’s Business School, King’s College London, talks to us about the disproportionate impact of the pandemic on women entrepreneurs.
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Whether you have been working on the topic of gender investing deeply for years or you are new to the idea. Whether you are an investor, entrepreneur, development finance institution or corporate – take a listen to Jessica Espinoza Trujano.
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December 3rd was the International Day of Persons with Disabilities. When businesses and governments and international development agencies and influencers are thinking about how to progress the SDGs, many of those SDGs will only be fulfilled if there is a far more joined up and proactive approach to involving disabled people.
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Because of pervasive inequalities, women are vulnerable to the lasting economic impacts of the COVID-19 pandemic. This article highlights some of the ways we can strengthen the resilience of women farmers and entrepreneurs during the crisis and aid their post-pandemic recovery.
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New research from Citi GPS and Plan International argues that 100% upper secondary school completion rates for girls by 2030, could lift GDP in emerging economies by 10% on average compared to a business-as-usual scenario. Structured cross-sectoral collaboration is vital, with the role of business paramount to effectively tackle the barriers that adolescent girls face.
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As we mark this year’s 16 Days of Activism Against Gender-Based Violence, measures to tackle COVID-19 continue to exacerbate gender inequality worldwide. If we truly want to build back fairer, then businesses, civil society and governments must put women’s rights squarely at the centre of post-pandemic recovery plans, says the Fairtrade Foundation’s Alice Lucas.
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What would happen in your community if women who wanted to start their own business or pursue a professional career had the opportunity to do it? From addressing closing the pay gap, to finding new caregiving solutions, we need governments, business leaders, and investors to make gender equality happen. Find out more in this article.
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The COVID-19 pandemic is affecting farmers, entrepreneurs, and workers across the globe, but its economic impact on women is particularly severe. How can the private sector, governments, and civil society ensure that women can continue to do business amid the pandemic?
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Fred Brown is the President and CEO of The Forbes Funds. A capacity builder and catalyst for non-profits in the Pittsburgh area, USA. The work Fred is leading goes far beyond simply helping NGO’s up their performance. Fred has been creating innovation labs, frameworks to ensure anti-racism within organisations and impact measurement tools, among other things. During our conversation, you will hear what Fred expects to be the big themes for not just the next five years, but the next 30! Get your pens and paper out, it is worth taking notes.
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In October, THIRST organised a discussion to learn from Oxfam’s Juliet Suliwa and COLSIBA’s Adela Torres and Iris Munguia how unions in the Latin American banana sector have been successfully opened up to women, and how Malawian tea unions are starting to do the same. Read more in this article from Sabita Banerji CEO of The International Roundtable for Sustainable Tea
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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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