The whole idea of corporate philanthropy is pretty straightforward: A large company becomes profitable enough that it sets aside a certain sum each year to funnel toward the charity or cause of its choosing. Despite the fact that this formula has come under fire for serving as a cover-up for companies whose supply chains and manufacturing practices do far more damage to society and the environment than a couple cool millions can rectify, businesses persist in following it.
Through its Center for Inclusive Growth, an independent subsidiary of...
Exporting goods is great for countries: it is a way to attract foreign currency. Exports are also fairly easy to analyze, since they are put in big crates and physically shipped through borders, where they are usually triple checked*. However, there is another way to attract foreign currency that escapes this analytical convenience. And it is a huge one. Tourism. When tourists get inside your country, you are effectively exporting something: anything that they buy. Finding out exactly what and how much you’re exporting is tricky. Some things are easy: hotels, vacation resorts, and the like. Does that cover all they buy? Probably not.... Read more about Exploring the Uncharted Export
It has been quite a year for Nigerian e-courier startup Metro Africa Express (MAX), which only formally launched in August of 2015.
Since then the startup, which was formed at the Massachusetts Institute of Technology (MIT), has been named runner-up at the TechCrunch Startup Battlefield event in London and named a “Top 12 Global Inclusive Growth Idea” by the World Economic Forum (WEF) and the Harvard Center for International Development.
COLOMBO – Think about it: You can call, email, and even watch your counterparty on FaceTime, Skype, or GoToMeeting. So why do companies fork out more than $1.2 trillion a year – a full 1.5% of the world’s GDP – for international business travel?
MasterCard data helps reveal how ‘knowhow’ moves around the world
Cambridge, MA – A unique research collaboration between the Center for International Development (CID) at Harvard University and the MasterCard Center for Inclusive Growth is uncovering new insights on the dynamics of global business travel and its impact on economies. Through the first-ever MasterCard grant of commercial insight data, researchers at CID are working to understand the flow and accumulation of business ‘knowhow,’ a key driver for inclusive economic growth.
Inequality is the result of many different phenomena. Some of them should be a source of policy concern while others should not. My main problem is the inequality that arises from differences in productivity—namely, differences in productivity across regions, across cities, within cities and across social groups. We know that there are huge differences in income across countries of the world: the richest countries are 200 to 300 times richer than the poorest countries in per capita terms. That’s inequality at the global scale.... Read more about What Should We Do About Inequality?
Our vision on Inclusive Growth Inclusive Growth is broadly understood as output growth that is sustained over decades, that is broad-based across economic sectors, creates productive employment opportunities that a great majority of the country’s working age population can access, and reduces poverty.
We believe Inclusive Growth is about increases in human productivity that are broadly accessible to members of a society, allowing them to participate and to share in the benefits of...
Growing up in the 80’s, it was common for low-income households to visit the city once a month to buy their supply of groceries. The corner stores catered for their grocery needs throughout the month. For...