All Articles About Economic Development
BSR Insight Article: Building Inclusive Business Models to Support the MDGs
Elissa Goldenberg, Associate, Advisory Services
During the recent Millennium Development Goals summit in New York, the United Nations Development Programme (UNDP) released a new report highlighting the roles of business and other key actors—including policymakers, researchers, and advocates—in developing business models that include the poor in value chains as producers, employees, and consumers. Read more
Blog: Streamlining the Millennium Development Goals for More Impact
Aron Cramer, President and CEO
In New York last week, government, civil society, and business leaders converged to assess progress on the Millennium Development Goals (MDGs) and raise additional funds at the Clinton Global Initiative (CGI) in order to meet them. Despite a still sluggish economy, CGI managed to generate an impressive US$2.5 billion in pledges from its participants. Secretary General Ban Ki-moon added to this with a pledge of US$40 billion over the next five years to catapult progress toward the 2015 finish line, particularly targeting aid for women and girls. Great work, Bill! Read more →
BSR Insight Article: Addressing Financial Inclusion: How ANZ is Using CSR to Access New Markets
Chhavi Ghuliani, Manager, Advisory Services
In much of the developing world, where less than half of the population is served by formal financial institutions and people must rely on their own funds or informal services that charge excessive rates, the lack of access to finance is leading to greater income inequality and slower economic growth. Financial institutions and mobile service providers around the world are addressing this problem by investing in financial products and services targeted specifically at underserved markets. India’s ICICI Bank, Brazil’s Bradesco, and South Africa’s Absa (which is majority owned by Barclays) have begun experimenting with innovative branchless banking models that address some of the barriers to financial access. Read more
BSR Insight Article: Effective Informed Consent Policies for Indigenous Peoples
Elissa Goldenberg, Associate, Advisory Services
According to a new report commissioned by the Canadian oil and gas company Talisman, the long-term benefits of securing the free, prior, and informed consent (FPIC) of indigenous peoples potentially impacted by operations outweigh challenges such as identifying relevant indigenous peoples, defining an appropriate negotiation process, and working inside countries with unsupportive governments. Read more
BSR Insight Article: How Sustainability Can Transform the Travel and Tourism Sector
Kara Hurst, Former Vice President
In the past, social responsibility in the travel and tourism sector was equated with “ecotourism.” However, companies such as Accor, Hilton, Hyatt, IHG, and Starwood are now implementing innovative solutions that also reduce the environmental impact of their operations, save money, and benefit local economic development. Read more
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