Business innovation in developing countries
Gibson says in places like India, which he has written a lot about, he’s seen unbounded optimism in business circles: "India has a can-do spirit … India has a lot of problems … 40% of the world’s poor, dreadful pollution … but India says ‘let’s turn that problem into an opportunity’ … and there are very good examples there of social innovation."
He cites the Grameen Bank, which gives micro credit to the poor; and the Tata Nano, the world’s cheapest car, costing a mere $2,500 — as examples of India’s social innovation.
PRI’s "The World" brings one-of-a-kind international stories home to America. Each weekday, host Lisa Mullins guides listeners through major issues and stories, linking global events directly to the American agenda. The show is produced by BBC World Service, PRI, WGBH Radio Boston, and distributed nationwide by PRI.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!