Impact investing: hype v substance, the importance of ownership and the role of aid

July 2, 2015
Oxfam’s Erinch Sahan tries to disentangle hype from substance and makes a pitch for a new approach to impact investing. Impact investment is the next black. It’s already worth about $46 billion, and rapidly growing. In 2010, when it was a mere $4 billion, JP Morgan predicted it would be between $400 billion to $1 trillion within a decade. Forbes
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Why I love the UN, aka the battle between policy space and trade/investment agreements

September 30, 2014
Being a fan of the UN is always a bit of a mixed blessing. Various bits (UNDP, UNICEF, UN Women and many more) churn out some really useful research. For many years, they provided the sole islands of sanity resisting the market fundamentalism of the Washington Consensus. But all too often their publications sink without trace, their use of social
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What does ‘big business’ say about Africa when it’s off the record?

November 14, 2013
I get a lot of random invitations along the lines of ‘come and be a token esteemed NGO rep at our next gabfest’, and accept a few of the more promising ones. So this week I ended up at a conversation on ‘Africa’s Reformers’ hosted by the Africa Governance Initiative and the FT’s This is Africa magazine (which has just
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Is The Economist going socialist?

February 4, 2009
The back half of The Economist (business, finance and economics) is having an excellent crisis. If you’re willing to filter out the gratuitous (and increasingly defensive) neoclassical riffs, there is some really excellent analysis in there and even some (perhaps inadvertent) progressive thinking. This week’s edition includes a three page briefing on the Asian economies and a handy summary of the
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