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Don’t Let Impact Investing Distract Philanthropists from the Bottom Billion
04.20.17
BY PAOLO FRESIA I am an impact investor. I believe that deploying capital more responsibly is necessary to redirect global capitalism toward greater social and environmental sustainability. However, I am not naïve. Impact investing is no silver bullet, and—alone—will never be sufficient to solve the world’s direst problems. My classmate Matt Tyler recently wrote in […]
A False Bargain: Does financing autocrats bring about development?
01.11.17
BY GRANT TUDOR A World Bank country manager referred to Uganda’s progress in reducing poverty as “an African success story.” This was a common refrain a decade ago, when extreme poverty fell sharply and the HIV epidemic ground to a near halt. Strangely, though, the comment came last year. Uganda’s income inequality is now among […]