mPowering has created an app that awards goods and services to individuals facing extreme poverty when they make beneficial choices, such as attending school or seeking prenatal care.
Costa Rica now exports 4,000 products and is working to attract more technology companies President Laura Chinchilla told a Stanford Graduate School of Business audience as the nation broadens its economic base from the focus on eco-tourism.
As Japan shifts from disaster relief to rebuilding, GSB alumni see opportunities for change and renewal.
Lobbying and bribery are both time-honored ways to seek influence. The most important difference between them…is not that one is legal and the other a crime. It’s that bribery doesn’t last as long.
There are hundreds of life saving innovations that have the potential to help women and children in developing countries. Maternova is getting them to the front lines using a new online platform.
Costa Rica now exports 4,000 products and is working to attract more technology companies President Laura Chinchilla told a Stanford Graduate School of Business audience as the nation broadens its economic base from the focus on eco-tourism.
As Japan shifts from disaster relief to rebuilding, GSB alumni see opportunities for change and renewal.
Goldman Sachs 10,000 Women program is helping women in 22 countries in the developing world start and grow businesses, Dina Habib Powell, who oversees the effort told a business school audience.
Arab nations rocked by popular uprisings in recent months face complex, precarious, and often divergent paths toward establishing democracy, says Stanford democracy expert Larry Diamond.
A program using cell phones to get anti-malaria drugs to the rural spots that need them most is one program that has helped lower deaths from malaria in Africa Silvio Gabriel, an executive with Novartis Pharma, told a Stanford Graduate School of Business audience.
The world’s neediest people are using mobile phones in ways that were never intended, and with great success. With wireless technologies, Indian farmers are finding out the latest crop prices, Nigerian youth are learning how to prevent the spread of HIV/AIDS, and Peruvian citizens are reporting criminal activity in their neighborhoods. Yet dialing into these powerful tools is not always straightforward. The author explains how to make the wireless revolution ring in economic growth and prosperity for people living at the bottom of the pyramid. —By David Lehr
THE SOUL OF A NEW MACHINE by Tracy Kidder Review by David Bornstein
THE POST-AMERICAN WORLD by Fareed Zakaria Review by John Kao
Commercial microfinance institutions (MFIs) must calculate two bottom lines: alleviating poverty for clients and also generating profits for investors. To achieve the latter goal, some MFIs charge their impoverished clients exorbitant interest rates. The recent Banco Compartamos IPO in Mexico raises a red flag, demonstrating how easily well-intentioned MFIs and their investors can shift from microlending to microloan-sharking. —By Jonathan C. Lewis
World of Good connects female artisans in poor countries with retailers in the West. —By Leslie Berger
Nonprofit accounting rules should not be forced on anyone.
The author takes a crystal ball to the 2009 economic landscape.
Kiva, the world’s first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.
Africa is finding Chinese investment less demanding than that of the West.
To what degree will Chinese investments in Africa add long-term value?
Environmental sustainability faces one of its toughest challenges when it comes to international growth. In this panel discussion, experts consider how the accelerated rate at which developing nations now follow the footsteps of the United States is leading to the ever greater exploitation of natural resources. They discuss ways to achieve sustainable development.
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The Idea Village was launched in New Orleans by "five guys who wanted to change the world." The more modest goal of these entrepreneurs was to revitalize the city economically--a mission that became especially important when Hurricane Katrina hit in 2005. In this audio lecture, sponsored by the Stanford Center for Social Innovation, Tim Williamson shares how his nonprofit has been helping rebuild the devastated city economically, and the progress inspired through a powerful network of talented individuals.
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Coffee price fluctuations over past decades have created extreme financial crises and long-term poverty for thousands of small-scale Latin American farmers. In this Stanford Center for Social Innovation sponsored audio lecture, David Funkhouser of TransFair USA, details how the Fair Trade movement arose as a market-based approach to poverty alleviation and international development. He discusses Fair Trade's function to offer suppliers fair, above-market prices, and TransFair's role in supporting that movement.
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Ten years ago, "entrepreneur" didn't exist in the lexicon of many parts of the world. Now, thanks to the work of a nonprofit called Endeavor, entrepreneurs are emerging in countries where such activity was once impossible. Invited to speak at the Center for Social Innovation at Stanford, Linda Rottenberg shares in this audio lecture how her organization has gone from a "crazy" idea of two business school graduates to an important engine for empowering entrepreneurs in Latin America and beyond.
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Just off a plane from Africa, Bill Gates visits Stanford to talk about innovation, but not the software kind. Scientists and engineers, he said, need to focus on products that help improve the lives of the world's poor even though the market directs people to help the wealthiest.
Jane Chen, MBA '08, has a vision of a place “babies no longer die from being cold, where people no longer die from preventable causes. And where every person has the ability to choose [his or her] own fate.”
"There is, perhaps for the first time in history, a reasonable chance of transforming the quality of life and the creative opportunities for the vast majority of humanity."
In 2006, Stanford's Graduate School of Business students Scott Raymond and Katherine Boas took a service learning trip to Thailand and Cambodia. The result? A program that helps to alleviate poverty in Thailand that is now being duplicated at microlending organizations around the world.
Americans are mostly unaware of the enormous progress Mexico has enjoyed since a devastating collapse in the peso in 1994. Former Mexican President Vincente Fox highlights the opportunities, and also addresses the challenges, resulting from the collapse.
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Latin America may be poised to become a much bigger player on the world economic stage, yet 54 percent of its citizens would choose an autocratic regime over a democratically elected government if it meant more jobs. Former Peruvian President Alejandro Toledo reflects on the challenge of democratic development and consolidation in Latin America in this audio interview sponsored by the Stanford School of Education and moderated by Stanford sociology and political science professor, Larry Diamond.
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In 2006, Stanford's Graduate School of Business students Scott Raymond and Katherine Boas took a service learning trip to Thailand and Cambodia. The result? A program that helps to alleviate poverty in Thailand that is now being duplicated at microlending organizations around the world.
Environmental sustainability faces one of its toughest challenges when it comes to international growth. In this panel discussion, experts consider how the accelerated rate at which developing nations now follow the footsteps of the United States is leading to the ever greater exploitation of natural resources. They discuss ways to achieve sustainable development.
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For millions of people across Africa, motorcycles can be a key to effective health care. A well-maintained fleet of vehicles and motorcycles to connect patients, medical expertise, and medicine is sometimes the most vital link in the health delivery supply chain. A new case written for the Stanford Global Supply Chain Management Forum describes one successful program.
Inspired by Professor Muhammad Yunus, Jessica and Matt Flannery experimented with micro-lending connecting Ugandan entrepreneurs to friends and family through a pilot internet trial. Kiva, the first person-to- person microlending organization was born.
As Green as It Gets was a nonprofit economic development organization supporting small, independent producers in disadvantaged Guatemalan communities. The founder pondered how to grow and sustain the organization.
Endeavor selects promising entrepreneurs and helps them develop and grow their businesses through mentorship and guidance. In 2007, founder and CEO Linda Rottenberg looked at the organization's expansion strategy.
By 2007, Kiva had gone through a rapid growth phase. The case recounts the debut of the first online person-to-person microfinance organization and looks at the founders' plan for future development.
Banco Compartamos has been providing microloans to the poor in rural areas of Chiapas and Oaxaca, Mexico, since 1990. It became one of Mexico’s most successful banks. Critics, however, claim that Compartamos departed from the true spirit of microfinance.
Equity Bank, a microfinance services provider, experienced a remarkable turnaround in the early 1990s. What strategy did the CEO pursue to accomplish such a feat?
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This first part of the case describes the organization's initial considerations.
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This second part of the case explores the company’s experience with a distribution program.
Riders for Health is a U.K.-based nonprofit dedicated to the improvement of transportation systems for health workers in Africa. In 2007, after 11 years in existence, the organization was at a critical point and had to decide what strategies were necessary to expand.
By the mid-1990s, a few years into Vietnam’s tentative market-oriented reforms, the country’s private sector was at a crucial point. Three owner-managers discuss their initial success in such an unreceptive setting.
Grameen Bank lent hundreds of millions of dollars to millions of poor entrepreneurs in Bangladesh. Managing Director Muhammad Yunus faced tremendous challenges brought about by political upheavals and natural disasters in this country.
The CEO of the Global Fund for Women, an organization that seeds and supports women’s rights groups, must examine how to guide the fund’s growth without having it lose its connections with donors and grantees. She also wonders how the fund could do better at assessing grant outcomes and sharing success stories.
Mirae, a group of affluent housewives in Seoul, is working to prepare for the reunification of the North and South by raising strategic funds. The group ponders how to create a nonprofit in a society that has traditionally thought of charity as an intra-family issue.
An innovative public school’s foundation considers new strategic directions in the wake of the school’s conversion to an independent charter. Will it become an advocacy organization, a think tank, an educational consultant—or choose another path?
What explains the enormous differences in incomes across countries? This paper returns to two old ideas: linkages and complementarity. These forces considerably amplify distortions to the allocation of resources, bringing us closer to understanding large income differences across countries.
Policy makers need to understand how early-stage companies in their own area work, rather than try to create another Silicon Valley, says Stanford management professor George Foster. He is coauthor of a new report published by the World Economic Forum.
In summary, we find evidence that firms in developing countries are often badly managed, which substantially reduces their productivity.
Virtue seems to pay according to Professor Charles M.C. Lee whose research shows that publicly-held firms in countries perceived as less corrupt trade at bigger market premiums than those in places deemed more corrupt.
Since the 2008 market crash, banking interests and economists have clashed over how much of their operations banks should fund with equity as opposed to debt. Bankers and others often say that, "equity is expensive." A recent paper, coauthored by three faculty of the Stanford Graduate School of Business, argues: "Quite simply, bank equity is not expensive from a social perspective, and high leverage is not required in order for banks to perform all their socially valuable functions."
This seminar helps participants develop strategically informed action plans that are imaginative, inspiring, and workable in highly dynamic environments. Through informed debate and the writing and presentation of position papers, participants evaluate and hone their views on the seminar's critical themes.
Students apply engineering and business skills to design product prototypes, distribution systems, and business plans for entrepreneurial ventures in developing countries. The aim is to address challenges faced by the world's poor.
This course gives students an understanding of international trade economics, and analyzes the political processes by which international trade policy is determined. It combines lecture and mini-case studies.
This course gives students the background they need to understand the broad movements in the global economy. Key topics include long-run economic growth, technological change, wage inequality, international trade, interest rates, inflation, exchange rates, and monetary policy.
A grassroots student effort led by Caroline Mullen, MBA ’12, Catha Mullen, MBA ’13, and Monica Lewis, MBA ’12, now has even more impact through a merger with Pachamama Coffee Cooperative.
Vision care is something that is practically taken for granted in the United States, but that’s not the case throughout much of the world. Some 300 million around the globe suffer from correctable vision loss, leading, as Ashanthi Mathai, MBA '04, says, “to people accepting their vision impairment and adjusting their lives around it.” The result? A lower quality of life, restricted job options, and even further economic distress.
A Stanford GSB student looks at the value of renewable energy in the developing world.
It was the suicide of a young man that turned Vivek Garg toward using business as a means of fostering peace and reconciliation.
Mark Conroe is leveraging his real estate experience and decades of volunteer work to help build the San Francisco House of Hope, a supportive housing project for the homeless.
An investment banker looks to build a sustainable model for alleviating poverty in a Middle East village.
Eric shares lessons learned through his work at Opportunity Fund deploying over $200 million into California’s communities to create jobs and strengthen local economies.
Mark Conroe is leveraging his real estate experience and decades of volunteer work to help build the San Francisco House of Hope, a supportive housing project for the homeless.
Officials from developing countries, the U.S. State Department, and the United Nations met on campus with tech-savvy entrepreneurs to discuss how fast-spreading connection technologies can foster sustainable economic growth, improve public health, support agriculture, and protect the natural environment in many countries.
Mountain Hazelnuts of Bhutan has set its sights on a triple bottom line: financial gain for investors, alleviating poverty among farm families, and restoration of an eroded, hilly landscape.