NextBillion.net is an interesting an organization dedicated to helping the “next billion” — the next billion poor people rise from the base of the economic pyramid (BOP) as participants in healthy economies, see and the next billion in profits for businesses, generic from multinational to microenterprises, to earn by selling to underserved markets. They describe… Continue reading Help the Next Billion
The core mission of the microfinance movement is to contribute to a material decrease in global poverty by providing helpful financial services to the world’s poor currently not served by the mainstream financial sector. That is, see to help the poor become the non-poor. The assumption is that quality microfinance services are enabling the poor… Continue reading Achieving Sustainable Poverty Reduction
I heard Raj Shah, Director, Strategic Opportunities at the Bill and Melinda Gates Foundation speak this week at a public conversation in Seattle on local and global poverty. He made some interesting remarks and shared some data they use at the Gates Foundation. Gates Foundation has a vision on basic human rights … that every… Continue reading Gates Foundation on global poverty
Bono posted a transcription of his remarks (or watch video) at the recent National Prayer Breakfast. OK. Hold it there a second. Bono was speaking at the NPB? President Bush was there along with lots of members of Congress, shop other political leaders and, prescription of course, viagra religious leaders. So, what the heck was… Continue reading Bono @ National Prayer Breakfast?
If you don’t have time to read Jeffrey Sachs book “The End of Poverty“, here is an interview on “Can we end global poverty?” with John Cassidy of The New Yorker where he lays out some of his arguments.
Teach for America is an interesting program which recruits highly qualified non-education major college grads for two-year stint as teachers in under-achieving US schools. Many of the recruits are not planning a teaching career and return to post-graduate schools afterwards. This program is getting a lot of interesting corporate and private foundation sponsors because of… Continue reading A Teaching Mid-Term
The New York Times reported today that the G8 finance ministers have come to an implementation agreement on eliminating up to $55B in multi-lateral debt owed by 18 poor countries. Essentially the G8 have contractually committed to cover the World Bank’s dollar-for-dollar cost of this in ADDITION to their regular contributions. In reality this is… Continue reading Debt forgiveness grand experiment
It is interesting how many anti-poverty supporters were against Wolfowitz (former US deputy secretary of defense) being placed as president of the World Bank. The New York Times reported that Wolfowitz is already pressing the US publicly to step up and commit more specific budget $ long-term to anti-poverty goals including the Millenium Development Goals.… Continue reading Wolf #2 has a new war
This past Sunday, James Traub did an impressively insightful cover story on Bono: The Statesman in New York Times Magazine about Bono’s journey along the path of advocating for the poor. Here are some of the highlights I liked in the story: Bono knows how to “ask big” and celebrate partial progress. Bono praised Chirac… Continue reading Bono is not a skeptic
Jeffrey Sachs, in his book, The End of Poverty, argues that the UN (specifically the UN Development Program) is the most capable and best suited to effectively operate the distribution of aid for eliminating poverty in developing countries. He argues that having this done on a coordinated basis by one dedicated UN entity vs. the… Continue reading Who can deliver aid?