Why the global war on poverty has failed

Why are there still so many poor people in the world after more than six decades of anti-poverty efforts? Social scientists can provide a great many nuanced reasons, but they usually overlook the obvious: 70 percent of the world’s poor live …

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Design for extreme affordability

It should be obvious to even a casual observer that products and services designed to be sold to customers living on $2 a day or less must be extremely inexpensive, achieving what Paul Polak and Mal Warwick call ruthless affordability. What’s …

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Design for the world’s poor

BY MAL WARWICK As I pointed out in last week’s post, the urgent needs of some 2.7 billion people now living on $2 a day or less present enormous business opportunities—together, I believe, the signature investment opportunity of the 21st century. …

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Indispensable for entrepreneurs

A review of The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses, by Eric Ries By Mal Warwick @@@@ (4 out of 5) Bloomberg reports that 8 out of 10 new businesses fail within the first 18 months …

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The Guardian reports on SunWater

In an article entitled “Cleantech in the developing world: from solar power to refrigeration” in theguardian.com, Kristine A. Wong refers to the new technology at the core of Paul Polak’s company, SunWater, as a dramatically cheaper alternative to diesel engines and …

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