- Lack of basic market infrastructure in needy neighbourhoods
- Lack of business support
- Lack of market information
- Lack of financial services
- No affordable credits
- Lack of formal markets
- Informal business based on contacts and not contracts
- “Latin America also features high levels of informality: more than half of its labor force earns a living in the informal economy, …” (Márquez, P.; Reficco, E. & Berger, G. (2010). Socially Inclusive Business. London: Harvard University.)
- Lack of transparency
- Very complex nets of supply chains involving many contractors and subcontractors
Wednesday, 28 November 2012
Supply side perspective on Inclusive Business (1)
Wednesday, 21 November 2012
Demand side’s perspective on Inclusive Business (2)
“Poverty Penalty"
- People at the bottom of the pyramid pay more for the products of daily use because they buy from middlemen and not from cheaper big scale corporations.
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(Source: Prahalad, C. K. (2011, 26th december). The Fortune At The Bottom Of The Pyramid. Retrieved from http://www.fastcompany.com/1746818/fortune-bottom-pyramid) |
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