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Inclusive Business and Impact Investing
The first and highest rated scoop.it blog on sustainable and inclusive business models that do well by doing good in emerging markets.
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Rescooped by W. Robert de Jongh from Development studies and int'l cooperation
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Why profit-led growth is a myth

Why profit-led growth is a myth | Inclusive Business and Impact Investing | Scoop.it

For at least two decades now, policymakers across the world have been preoccupied with appeasing large capital generally and financial markets in particular, in the belief that this is the main way to ensure faster rates of GDP growth and therefore job creation.

 

Now we know that such a strategy tends to be counterproductive, especially when it also involves fiscal austerity in the midst of a recession. But, in fact, this strategy did not really work even during the earlier boom, or at least not the way it was supposed to work.


Via Paola Rattu
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Rescooped by W. Robert de Jongh from Development studies and int'l cooperation
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'In 10 years' time, Ghana may not require any aid at all'

'In 10 years' time, Ghana may not require any aid at all' | Inclusive Business and Impact Investing | Scoop.it
Ghana is one of Africa's great successes – a stable and thriving country that is testament to the impact of aid.

Via Rafael Monterde Díaz, Paola Rattu
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