Economic Development

Economic Development Strategies to Combat Global Poverty

Join us for a live webinar discussion at 2 pm UK time to explore how we can tailor management practices to help bring inclusive
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I’ve often considered being the odd one out as something of a badge of honour, particularly in a business context. Any aspiring intrapreneur needs to be comfortable with breaking free from the herd, even if others think you’re a little bit crazy.
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Inequality in income and availability of work between rural and urban areas are large contributors to a country’s overall economic inequality. In India, agriculture still employs more than half of the workforce, but wages are low and with rising education levels many young people no longer aspire to take over the family smallholder farm
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Financial access and inclusion continue to be sold to farming communities in the world’s leading supply chains at the very price of poverty. How do we reduce this toxic trade-off, why is it taking so long and how does it impact the planet’s future? Tasneem Mayet, BFP Ambassador, shares insights from conversations had at #BFPOXFORD, closing with some examples of what has worked well in the industry and yet why it is not enough.​
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The potential for multinational companies to tackle global issues such as poverty, climate change and gender inequality is immense. With their reach, they have the ability to transform low income markets through innovative business approaches and help lift millions – even billions – out of poverty. Inclusive business is one such model, but numerous internal barriers are preventing multinationals from adopting or scaling this approach.
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On International Day for the Eradication of Poverty, global businesses collaborate to launch a new toolkit, Reducing Poverty through Employment. Members of the Global Impact Sourcing Coalition (GISC) share best practices for how to employ, empower, and improve the advancement prospects of those living in poverty, as a part of their direct and indirect workforces.​
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Join us for a live written discussion with a panel of experts to explore how can international donors help businesses scale their contribution to
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The scale and complexity of the challenges ahead of us require a new ambition for how we collaborate across traditional divides. At Business Fights Poverty NYC 2019, we brought together experts and practitioners from business and the international development community for a roundtable discussion about how we can partner more effectively to deliver the Sustainable Development Goals (SDGs).
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Business Fights Poverty is partnering with Walmart on a recently-launched Challenge which asks how business can accelerate the upward mobility of entry-level workers in the future of work. ​
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Business Fights Poverty is partnering with the UK Department for International Development (DFID) on a recently-launched Challenge which asks what more can international donors do to increase business’ contribution to the SDGs?
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On the International Day for the Eradication of Poverty, we remember the life and impact of Paul Polak, Market-Based Development Pioneer, who sadly passed away on 12 October.
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As part of our Challenge on Purpose supported by GSK, VISA and Unilever, Business Fights Poverty convened a meeting of around 30 representatives from companies, financial institutions, NGOs and development institutions to discuss this pertinent topic.
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During Business Fights Poverty NYC, expert insights were shared contributing towards a Challenge to find out how business can take an ecosystems approach to support Micro, Small and Medium Enterprises (MSMEs) in their extended value chains.
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During this week’s Spotlight interview podcast, we speak with Naureen Hyat. Naureen is a serial entrepreneur ranked on the Women in FinTech Powerlist 2017.
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To mark the launch of a new Challenge supported by Walmart on the Future of Work, Enrique Ostalé, Regional CEO of UK, Latin America and Africa at Walmart International, and Zahid Torres-Rahman, Founder and CEO of Business Fights Poverty joined Brad Staples, CEO of APCO at Concordia’s 2019 Annual Summit, to speak about International Future of Work Trends.
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On 23rd September, over 150 individuals from business, civil society and government came together for Business Fights Poverty NYC 2019 to explore the theme of rethinking collaboration for the SDGs. Watch the videos of the plenary sessions, by our film partner Be Inspired Films.
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Over the past 15 years, corporate leaders, investors, and nongovernmental organizations (NGOs) have demonstrated that, with the use of innovative business models, profit can be aligned with social and environmental progress. A departure from the “band-aid” corporate social responsibility (CSR) approaches of the 1990s, these strategies involve fundamental changes to business practices, including alterations to core products and services.
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It was during a Business in the Community event in the summer of 2006 that I first met Carol Monoyios, CARE UK’s Marketing Director, and responsible (in part, at least) for the fact that I spent the next 13 years working for CARE International.
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As world leaders and activists gathered in New York last month to address the climate crisis and the faltering rate of progress toward the UN’s Sustainable Development Goals (SDGs), the calls for systemic change are getting ever louder. Systems change is an inspiring goal – but how can we achieve it?
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This year’s UN General Assembly is finally here, and pledges to once again achieve the Sustainable Development Goals (SDGs) have already begun. Much of this activity is focused on the private sector, a key actor in delivering on these ambitious goals. Even though we have moved into an era of business coalitions and actions for good—with a new initiative literally being created on a daily basis—economic inequality continues to rise, the climate crisis is worsening, and gender equality is far from a reality.
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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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