3 Ways Businesses Are Addressing Inequality in Emerging Markets
Last year, the World Bank added a new mission to its original goal of reducing poverty: boosting shared prosperity. The change reflects the state of today’s world: the fraction of the global population in extreme poverty, defined as those earning less than $1.25 per day, has dropped to 12% from 36% in 1990. Yet income inequality is more pronounced than ever. According to a report released by Oxfam International on...
Posted by: Vijay Govindarajan - 01/30/2015 at 05:31 am
How the U.S. and India Can Strengthen Their Business Ties
Barack Obama is the first American President to visit India twice while still in office. When he leaves New Delhi on January 26, the bilateral benefits of the time invested might flow for a decade or longer—but it will depend on how well both sides manage some of the barriers that have kept the two giant countries from working together well in the past. As executives with deep experience in both countries, we see...
Posted by: Vijay Govindarajan - 01/22/2015 at 05:14 am
How U.S. Businesses Can Succeed in India in 2015
On January 26, 2015, President Obama will become the first sitting U.S. President to visit India twice. Ahead of Indian Prime Minister Narendra Modi’s visit to Washington last September, the U.S.-India Business Council found that its large company members were prepared to invest $40 billion into India by 2017. This at a time when Brazil’s economy is stuttering, Vladimir Putin’s expansionism has made...
Posted by: Vijay Govindarajan - 01/06/2015 at 07:58 am