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Boosting Innovation in Low-Income Communities

09.19.12

Abstract: Public policies to boost economic development in low-income countries or communities (LICs) are focused on either outward-oriented strategies (e.g. foreign technology transfer, tax incentives to attract foreign MNEs) or inward-oriented strategies based on expensive R&D expenditures. But such strategies are generally not viable in the context of LICs. This paper proposes an innovation strategy based […]

Science, Technology and Data

The Disparity Bubble: How Inequality Fed the Financial Crisis

04.1.12

BY JAMES WALSH One of the painful lessons of the Great Recession has been that markets do not operate in a vacuum. They are influenced by a variety of external factors, including socioeconomic dynamics, norms of behavior, and institutions. Conversely, the market also has the capacity to shape our politics and society by creating and […]

Poverty, Inequality and Opportunity

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