Peter Haas and his nonprofit AIDG have an excellent idea to bring low-tech solutions to basic problems of energy, water and sanitation in developing countries. Their first project is a 10-man shop in Guatemala that will build a 40-home microhydroelectric system as part of a UNDP contract. Since the workers are locals, they'll be around to fix it later. Haas envisions a network of self-sustaining businesses that build and repair low-cost technologies. Hats off.
(Adapted from Debraj Ray in Understanding Poverty, 2006)
Visit Christian Science Monitor for a thoughtful profile of a Rwandan coffee cooperative that bridges the Hutu-Tutsi divide. Cooperatives like it are helping absorb the tens of thousands of prisoners being freed after serving time for acts of genocide, while contributing to Rwanda's 7% annual growth in GDP.
A recent paper on the very much debated linkages between Globalization and Poverty, by Ann Harrison:
UNCTAD's World Investment Report 2006 is out, and it shows that 2005 was a banner year for foreign direct investment. Notable inflows went to:
Bollywood needs a better regulatory and corporate governance environment to attract more foreign investment, according to delegates at last week's India Media and Entertainment Forum in London.
After much cajoling, Alex Burger has agreed to share with us some stories of his work in Chad and other parts of Africa. Based in Chad, he is a program manager for IFC’s Private Enterprise Partnership for Africa (PEP Africa). He and the IFC team are pioneering electronic bidding and helping Chadian entrepreneurs to gain contracts with large firms.