Since the term was coined seven years ago, the concept of “impact investing” has gained considerable traction among investors and philanthropists alike. Impact investments, made with the intent of generating measurable social and environmental impact as well as financial return, have been met with both skepticism from those who doubt the feasibility of their dual nature and enthusiasm from those who herald them as a welcome trend in foreign investment.
The Importance of Financial and Economic Literacy for Policy Makers
By Milenko Sikljovan posted on March 10, 2014 in , ,
The recent financial crisis brought to the fore many of the global interdependencies between government policies and capital markets that had previously been dismissed or overlooked. A report titled “Lessons of the Financial Crisis” by the Council of Foreign Relations argued that the crisis offered “a sobering lesson about the dangers of policies that fuel the rapid buildup of debt across the economy”. Back in 2010, Joseph Stiglitz in his book “Freefall”, argued that “the length of the [financial] crisis will depend on the policies pursued”.
Cultural Barriers to Economic Success for Women: The Importance of Research and Data
By Madeleine Macks posted on February 18, 2014 in ,
As United Nations Secretary General Ban Ki Moon said in his address to the U.N. General Assembly in September, 2013, “The equation is simple: When girls are healthy and in school, when legal frameworks and financial access support women, when women’s lives are free of violence and discrimination, nations thrive.” The Secretary General went on to declare the 21st Century as the century of women, and called for a greater focus on women in future development agendas.
Since 2008, the Afghan mobile phone provider, Roshan, has worked to bring mobile money services to Afghanistan. With the support of USAID, all four of Afghanistan's major mobile phone providers are currently developing mobile money capabilities. The highly successful rollout of Kenya's mobile money and banking service, M-Pesa, has spurred a flurry of similar startup efforts – over
Shale gas has the potential to be a game-changer. As we enter the ‘Golden Era of Gas’, could it address the EU’s energy and climate goals by providing solutions for security of supply, economic competitiveness and climate goals? Or do supposed vast reserves in Poland pose more questions than answers?