Market Solutions for Inclusive Societies
Harnessing the power of markets in the fight against poverty has been an area of much study and experimentation over the past 40 years. Increasingly, business innovators are using market-based practices as a means to bring sustainable social benefits to locally impoverished regions of the world and provide a financial return to investors. Commensurately, many socially-oriented and innovation-minded investment groups are looking for these types of investments – bringing additional capital to this nascent marketplace. Philanthropic organizations and corporations also seek development of a more unified system of metrics to measure the impact of grants, program related investments or base of the pyramid investments. Through required readings and case study examples, this class will explore the increasing importance of enterprise solutions as a means of fostering local empowerment to establish the building blocks of regional economic development.