World Bank

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As India grows too rich for the World Bank, other philanthropic sources are needed

According to a presentation by Cornell University Economics Professor Ravi Kanbur, India is only a few years away from becoming ineligible to receive funds from the World Bank’s International Development Association– the bank’s fund for the poorest countries. In essence, India’s per capita income has risen above the maximum threshold to receive money from the [...]

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Goldman Sachs to Train Indian Female Entrepreneurs

Goldman Sachs will be training 29 Indian women under it’s 10,000 Women program, an intiative to provide business and management education to under served female entrepreneurs. As reported by the Business Standard, Goldman is partnering with the National Entrepreneurship Network, London Business School and the Indian School of Business to provide 150-hours of classroom instruction and [...]

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Another failed development policy in the works?

A few headlines regarding the World Bank recently caught my eye, mostly because they are not the usual development headlines I am used to reading.  In the Business Standard‘s “Migration to urban areas is good, says World Bank,” and domain-b.com‘s “India’s rural job schemes are barriers to development: World Bank news,” the focus is on [...]

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[Guest Post]: Financial Literacy and Microfinance – New Research

Editor’s Note: Aparna Dalal works with the Financial Access Initiative, a research consortium between New York University, Harvard, Yale, and Innovations for Poverty Action. FAI is focused on finding answers to how financial services can better meet the needs of poor households. FAI aims to provide rigorous research on the impacts of financial access and [...]

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Soundbites from Nancy Barry, former President and CEO of Women’s World Banking

Last night I had the good fortune of sitting in on a talk given by Nancy Barry, a pioneer in the field of creating private, market-based solutions to poverty alleviation for women across the globe. Her talk was very powerful and on many points, spot on accurate in my opinion. A veteran of the World [...]

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On Bailouts, Boons and Bill Clinton

So living in New York City has made it damn near impossible to not be wrapped up in the minute by minute saga that is the US financial crisis. Moreover, the fact that here at Stern Business School, over 50% of our job prospects have evaporated with the slew of bankruptcies and buyouts has effectively [...]

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[TC-I Changemaker]:GreenMango’s Yasmina McCarty and Nandini Narula – Providing a platform for unorganized service providers

The ThinkChange India staff is committed to providing our readers with interviews with people we believe are at the brink of something special but have for the most part been overlooked by the mainstream media. Readers will be able to see other conversations under our TC-I Changemakers tab. A few weeks back Aishwarya spoke with [...]

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Measuring Impact — The billion person question

A post on Nextbilliion.net today announced that the World Business Council for Sustainable Development (WBCSD) just launched a new framework to measure social impact of a business or organization. While the name of the framework, Measuring Impact Framework, is not the catchiest in name, it is attempting to do something that has been a challenge [...]

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Project Shakti: Strengthening Women’s Livelihoods

A few months ago, I discussed the idea of social intrapreneurs based on a SustainAbility case study that featured Hindustan Unilever’s Project Shakti. This month, the World Bank Institute’s publication titled Development Outreach focuses on business and poverty, with an article written by those involved with the same project. The authors describe the project not [...]

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From Sex Workers to Successful Entrepreneurs

We reported here on TC-I couple of months back about India’s first sex-workers bank being set up in Mumbai. A group of sex workers in Mysore have gone a step-further and emerged as successful entrepreneurs. Organized under an organization called Ashodaya Samithi, the group of 150 female, male and transgender sex workers have set up [...]