According to this article, "Development philanthropists should focus on building the productive capacity of entire countries, to achieve large-scale economic transformation, rather than enabling a few individuals to increase their consumption." It's an interesting alternative to the Christensen 'disruptive innovation' model that focuses on developing markets. I like to think of the larger context in a smaller context: suppose you wanted to build a small town or village somewhere, in a low-population area. What would you need? How would you do it? People would need to be able to make a living somehow - that's the production side. Sure, they need markets to sell to, but if they can produce something useful, there are always markets. You want to produce higher-value products - sustenance and low-wage artisan enterprises won't sustain the town. So you need education, but education that is relevant to making a good living where you live. It's not simple.
Today: 0 Total: 92 [Direct link] [Share]
