A new breed of entrepreneur is redefining capitalism. They claim to make profits by addressing and solving social problems. A new study explores the opportunities and the limits of so-called social entrepreneurs and describes where mainstream business is still needed.
Migrant workers channel an estimated 230 billion US dollars into the developing world each year. As banks discover the business potential of remittances, economists examine how they could - together with microfinance - help alleviate poverty in the developing world.
Arun Kashyap, private sector development advisor at the United Nations Development Program (UNDP), talks about how microfinance can help cut global poverty in half over the next ten years and open big, new markets for the finance and insurance sectors.
