|
|
|
|
| |
THE RUSTANDY MONTHLY
ISSUE 14: JANUARY 2021
|
|
|
|
|
|
|
I just read an
important paper on the value of investment capital in creating social and financial returns in emerging markets. Harvard’s Shawn Cole and his coauthors offer a snapshot of this type of impact investing by studying the investments of World Bank Group’s International Finance Corporation (IFC) across 130 emerging market and developing economies. It’s a good read and adds evidence from regions dealing with risk factors like political corruption, access to capital, and sovereignty of countries and markets.
|
|
|
|
|
|
|
|
|
In my new faculty role at Booth, I spearheaded a
report on the Blackstone Inclusive Entrepreneurship Challenge, which since 2017 has worked to help underserved, under-resourced Chicago entrepreneurs by investing significantly in local nonprofits to build out and evolve their programs for startups. The report—commissioned by World Business Chicago, ChicagoNEXT, and Blackstone Charitable Foundation—tells the story of community-driven innovation and its backers. A factor that is less obvious in the report: transparency in the social sector is hard, but not impossible. As the report shows, transparency requires a willingness and commitment to innovate and take risks, the resources to make it happen, and prioritizing sharing what worked
and what didn’t.
|
|
|
|
|
|
|
New York Times: Research Partner Discusses COVID-19 Small Business Layoffs
Forbes: SNVC Team Justice Text Cofounders Make "30 Under 30" List
WBEZ: Rustandy Research Shows Low-Income Families Hit Hardest by COVID-19
The Big Question: Marianne Bertrand: This is a "
Shecession," not a "
Mancession"
ProMarket: Missed Credit Card Payments & Payday Loans Among COVID-19 Impacts
Rustandy Stories: Booth Alumna Rounds Up Tips for Charitable Giving
Hong Kong, Online 1/20 - 2/2: Impact Investing Workshop on Building Portfolios with Impact
In Case You Missed It:
Download: Our Year in Review
Read our past issues. Have an article to recommend? Email us.
|
|
|
|
