Business
How Profit Sharing Redistributes Wealth
French profit-sharing rules improve the pay of lower-skilled workers without affecting the growth or productivity of firms.
Tag: Financial Inclusion
Economic Development
Closing the Rental Wealth Gap
For nearly a century, US policy prioritized homeownership to build middle-class wealth—leaving many renters behind. But innovative new renter-wealth models are enabling renters to access the American dream.
Economic Development
Dismissing Microfinance Won’t Help Solve Global Poverty
Microfinance isn’t a cure-all solution to poverty, but abandoning it would ignore the real evidence that responsible financial services make a positive, lasting impact on people’s lives.
Review
Economic Development
The Ambiguous Rise of Microfinance
Two recent books explore the modern prominence of the global financial-inclusion agenda and argue about how it got there.
Philanthropy & Funding
Building the Refugee Economy
As humanitarian aid agencies buckle under the collapse of financial support, the private sector must step in to invest in refugees and integrate them into the economy. We review three models of success and offer investment strategies. | This article is free to all readers thanks to sponsorship by the Frank Batten School of Leadership and Public Policy at the University of Virginia.
Philanthropy & Funding
The Struggle to Make Corporate Philanthropy Inclusive
A Brazilian law to promote more inclusive corporate philanthropy failed to direct more money to underserved communities.
Economic Development
A New Blueprint for Financing Community Development
The traditional model of community development finance is limited by market conservatism and a focus on scale, rather than local control. We need a new paradigm that prioritizes impact over scale, emphasizes flexible and creative financing strategies, and empowers community voice. | Open access to this article is made possible by The Center for Community Investment, a sponsored project of Rockefeller Philanthropy Advisors.
Economic Development
Harnessing the Potential of Remittances
Lessons and strategies for developing countries
Excerpt
Economic Development
Leaving Money on the Table
An excerpt from There’s Nothing Micro about a Billion Women on how financial service providers can reduce inequality and build a more inclusive world by better serving women customers.
Philanthropy & Funding
Reimagining the Request for Proposal
As currently structured, requests for proposal (RFPs) are counterproductive to social change efforts. We must redesign granting systems to empower the communities in which we work.