The World Bank Group’s Mahmoud Mohieldin believes innovative financing and partnerships are needed to meet the UN’s Sustainable Development Goals. Countries that have invested in human capital, infrastructure and decent systems of social protection have made more progress than others in reducing extreme poverty, according to Mahmoud Mohieldin, the World Bank Group’s senior vice president … Continue reading "How Localization Can Help Overcome Extreme Poverty"
New Wharton research reveals that angry people often lose the ability to see problems from another point of view, which can hamper efforts to resolve conflict. Anger is a particularly negative emotion in the workplace. It can rub off on managers, subordinates or co-workers, making them keep their distance or walk on eggshells around the … Continue reading "How Localization Can Help Overcome Extreme Poverty"
In their new book, Wharton’s Nicolaj Siggelkow and Christian Terwiesch explain how a “connected strategy” helps businesses create more value for themselves and their customers. In an increasingly competitive marketplace, it’s no longer good enough for a company to sell a product through a simple, one-time transaction with shoppers they may never see again. Businesses … Continue reading "How Localization Can Help Overcome Extreme Poverty"
World Bicycle Relief, a nonprofit organization that builds and distributes bicycles in rural areas of the developing world, is the 2019 winner of the Lipman Prize. The winner of the 2019 Barry & Marie Lipman Family Prize at the University of Pennsylvania is World Bicycle Relief, a nonprofit organization that mobilizes people in the developing world … Continue reading "How Localization Can Help Overcome Extreme Poverty"
China is the world’s biggest market for electric vehicles — and conditions are ripe for a shakeout. China’s booming electric vehicle industry is headed for some tough price competition followed by a shakeout, according to experts. The competitive landscape for China’s EV market is changing dramatically on several fronts. The phase-out of Chinese government subsidies … Continue reading "How Localization Can Help Overcome Extreme Poverty"
Like many countries, India’s largest cities are congested. But congestion pricing won’t work here because mobility is affected by other factors besides vehicle traffic. Urban economic development indicators such as higher income levels and higher motorization rates are generally associated with better overall mobility, chiefly because people can spend their time more productively than idling … Continue reading "How Localization Can Help Overcome Extreme Poverty"
Collaborative platforms, sustainability, public-private partnerships and data analytics are critical for developing smart and inclusive cities. The global smart-city movement, which has been around for more than two decades, has gone through three phases of evolution. It initially focused on technology-led solutions to challenges. Then came a citizen-centric, collaborative approach in the second phase. Now, … Continue reading "How Localization Can Help Overcome Extreme Poverty"
It’s not just the latest IMF forecast causing concern. Many straws in the wind point to tougher times ahead. The International Monetary Fund (IMF) has once again cut its global growth forecast for 2019. In its new semi-annual World Economic Report, the organization now projects a 3.3% growth rate, down from the 3.5% it predicted in … Continue reading "How Localization Can Help Overcome Extreme Poverty"
Digital technologies do more than cut costs. They can drive strategic growth, says Wharton’s Christopher Ittner. When companies talk about cost management, their focus typically is on slashing their current expenses. But in today’s digital era, cost management has taken on a new hue: It provides a strategic lever to generate savings that can be … Continue reading "How Localization Can Help Overcome Extreme Poverty"
AT&T wants to prevail in the media wars by combining its distribution reach with Time Warner’s content. Will it work? In 2000, America Online (AOL) announced it was acquiring Time Warner Inc. for a record $165 billion to create the largest media company in the world — combining premier brands such as HBO, CNN and Warner Bros. … Continue reading "How Localization Can Help Overcome Extreme Poverty"
