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Economic Development - Articles

Social innovations that improve the living standards of the poor (more)

Maria Eitel - Nike’s Efforts to Empower Young Girls

Nike has taken pains to clean up its act since the media brought public attention to human rights violations in its supplier factories in the 1990s. Through the Nike Foundation, the sports and fitness giant is taking a proactive approach to some of the world's most challenging social problems. In this audio lecture, Nike Foundation president Maria Eitel talks to a Stanford MBA audience about how the organization is focusing on creating economic opportunities for adolescent girls around the world as a means of alleviating poverty.

Is This the Silver Bullet?

By Alana Conner

Why narrowing the gap between the rich and poor could alleviate many social problems.

Fazle H. Abed - Achieving the Millennium Development Goals

Fazle Abed explains in this audio lecture how the Bangladesh Rural Advancement Committee (BRAC) is leading grassroots efforts to achieve the eight U.N. Millennium Development Goals in Bangladesh. He describes a multipronged strategy aimed at education, gender equality, health, environmental, economic, and political progress.

Fazle H. Abed - Thinking Big and Scaling Up

Solving the world's big problems takes large-scale solutions, says Fazle H. Abed, founder of Building Resources Across Communities in Bangladesh. In this audio lecture, Abed outlines the development and market perspectives that have enabled his organization to expand and meet his country's needs in key areas, including microfinance, agriculture, and education.

Dr Muhammad Yunus - Reaching the Full Potential of Microfinance

Microfinance, the extension of small loans to entrepreneurs too poor to qualify for traditional bank loans, has proved to be an effective strategy for raising millions of families from poverty worldwide. Nobel Laureate Muhammad Yunus, who pioneered the microloan revolution in Bangladesh, explains in this audio lecture how he saw rural poor and women struggle against deeply institutionalized economic systems, and realized the massive change that small loans could provide.

Dr. Muhammad Yunus - Banker to the Poor

Muhammad Yunus started a movement that has lifted millions out of poverty. When he formed the Grameen Bank in 1983 and started giving out microloans, Yunus bridged the divide between business and social needs. In this audio lecture, he describes how he created microcredit, collateral-free lending, and began offering other business services to the poor. Yunus lays out the path to his extraordinary vision and success, which is driving global social change.

Fazle H. Abed - Innovator for the Poor

The beginnings of the Bangladesh Rural Advancement Committee (BRAC) were fraught with uncertainty. Initially surviving entirely on donations, it has since earned back two pennies for every one it has spent on welfare activities, and is today the largest, self-reliant international NGO, employing more than 97,000 people. In this audio lecture, Fazle Hasan Abed reminisces about the organization's humble beginnings and shares the organization's achievements.

Muhammad Yunus - Creating a Poverty-Free World

Professor Muhammad Yunus, 2006 Nobel Peace Prize winner and founder of Grameen Bank, changes traditional principles of banking by putting poor people's needs first. Today, Grameen Bank is a powerful organization that supports poor people by providing microloans, credits, and banking services. In this audio lecture, Yunus describes the reasons behind his philosophies and how they have led to the launch of new enterprises in various industries in Bangladesh.

Jessica Jackley Flannery - Redefining Microfinance in the Internet Era

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Based in Silicon Valley, Kiva is an innovative social enterprise that uses the internet to connect lenders with small businesses around the world. In this audio interview, Jessica Flannery talks with Design for Change host Sheela Sethuraman about starting the organization, and reflects on some of the reasons for its rapid growth and success.