Heat Wave: Part 3
Major world leaders pledge big money to improve the lives of millions.
Major world leaders pledge big money to improve the lives of millions.
When most people think of condoms, they get a little embarrassed and uncomfortable, but not Mechai Viravaidya. Known in Thailand as the "Condom King" Viravaidya began nearly 40 years ago trying to demystify condoms and focus public attention on the public health aspects of contraceptives. Since then, he has become a leader in critical public health issues like poverty, family planning, and HIV/AIDS. In this interview with host Sheela Sethuraman, Viravaidya offers pragmatic answers to these problems.
Clinton's Global Initiative kicks off.
Most Americans are unaware of the enormous progress Mexico has enjoyed since the peso's devastating collapse in 1994. Former Mexican President Vicente Fox highlights his country's opportunities to foster democracy, develop entrepreneurism, and promote alternative energy sources as it emerges as a world economic power. He addresses challenges, including a poor educational system, rapid population growth, and dwindling oil reserves. This audio lecture is sponsored by the Stanford Center for Social Innovation.
The world's neediest people are using mobile phones in ways that were never intended, and with great success. With wireless technologies, Indian farmers are finding out the latest crop prices, Nigerian youth are learning how to prevent the spread of HIV/AIDS, and Peruvian citizens are reporting criminal activity in their neighborhoods. Yet dialing into these powerful tools is not always straightforward. The author explains how to make the wireless revolution ring in economic growth and prosperity for people living at the bottom of the pyramid.
By working closely with the clients and consumers, design thinking allows high-impact solutions to social problems to bubble up from below rather than being imposed from the top.
Fair Trade-certified coffee is growing in sales, but strict certification requirements are resulting in uneven economic advantages for coffee growers and lower quality coffee for consumers.
Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.
Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans.
Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful.