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Female entrepreneurship on the rise

Chile has half a million female entrepreneurs, a marked increase in just the last 3 years. If current trends continue, as many women as men will be starting new businesses in Chile in 2010. These figures are from the Report on Women and Entrepreneurship in Chile - 2005/2006 (overview in Word), prepared by Universidad del Desarrollo.

McPassport to labor mobility

Today in Brussels, McDonalds Europe launched a new program that could bring tremendous labor flexibility to its 225,000 European employees. The McPassport (I'm not making this up) makes its easier for employees to move to another of the roughly 6,000 McDonalds locations in Europe. The document contains detailed information on the employee - such as positions held, dates and salary history - although he or she will still go through an interview before hiring.

G8 quiet on vaccine commitments

The New York Times reported last week that the G8 would be discussing advance market commitments for vaccines. The meeting in Rome has come and gone, but I haven't been able to find any evidence that they came up with anything. A shame, as an ounce of prevention may be worth much more than a pound of cure.

Microfinance market to hit $20 billion

The consultancy Celent predicts that the microfinance market will grow from $11 billion now to $20 billion in 2008. The study finds that commercial banks are best equipped to extend microfinance.


Several aid agencies and government efforts tried (and largely failed) to upgrade the fishing industry in Uganda. That is, until the European Union cut off all Ugandan fish imports in 1997 due to failings in sanitary and phytosanitary standards (SPS). The Ugandan fishing industry has modernized and now meets the EU's demanding standards. Exports rose to $88 million in 2002, from $39 million before the EU ban.

Cookie-cutter approach to social enterprise

Two years ago, [Alicia] Polak founded The Khayelitsha Cookie Co., which now employs 11 women from the sprawling shantytown to bake high-end cookies and brownies that are distributed to top hotels, restaurants and coffeehouses throughout South Africa. The cookies come packed in plastic with a cartoon on the front showing a big, African 'mama' in traditional dress and the company slogan: "Creating opportunity one bite at a time."

Drucker on social enterprise

Social problems are dysfunctions of society and – at least potentially – degenerative diseases of the body politic. They are ills. But for the management of institutions, and, above all, for business management, they represent challenges. They are major sources of opportunity…

Corporate governance for state enterprises

In spite of extensive privatization over the last two decades, state-owned enterprises (SOEs) are still a mainstay in many developing economies. China, India, Russia and South Africa are just a few countries where wholly or partly government-owned SOEs remain productive and influential.