Dollars to Rupees: When Diaspora Interests and Corporate Philanthropy Align
Over the past decade, international corporate philanthropy has undergone a significant transformation. Overseas gifts by U.S.-based companies were once made only in the face of natural disasters or violent conflicts. However, the globalization of business and the burgeoning zeitgeist that corporations must not only do well – but also do good – has led influential… CONTINUE READING >>
Africa Leapfrogs its Way to a Long and Prosperous Future
Energy is necessary for the industrialization and economic development of all nations, and according to the World Bank, it is also a key component to reducing poverty. Some 600 million people in Africa still don’t have access to electricity, which means they have limitations on things that industrialized nations take for granted. They don’t have refrigerators to store food, their main activities are mostly limited to daylight hours, and they still have to carry their water and collect wood and other biomass fuels by hand. All of these factors force them to solely focus on their day-to-day survival and restrict their time, their potential to learn, and their ability to develop and work their way out of poverty.
