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Global Assets Project

Archives: Global Assets Project Articles and Op-Eds

Taking the Jeff Bezos Approach to Building Your Own Startup

  • By
  • Eric Tyler,
  • New America Foundation
December 5, 2013 |

Hope or Hype? Five Obstacles to Mobile Money Innovations for Youth Financial Services

  • By
  • Jamie M. Zimmerman,
  • Julia Arnold,
  • New America Foundation
September 12, 2013 |

Seen as a critical enabler of young people’s economic empowerment, youth financial inclusion has galvanized support and activity all over the world, garnering attention from policymakers, the financial sector, practitioners, and researchers. At the same time, technology, particularly the mobile phone, is increasingly seen as a potential tool to bridge gaps in information, products, and services to poor people worldwide. Services like M-PESA in Kenya have sparked interest and attention around the mobile phone’s potential to accelerate the pace toward global financial inclusion.

Entrepreneurs Take to the Seas for Inspiration

  • By
  • Eric Tyler,
  • New America Foundation
January 25, 2013 |

What happens when you mix 11 budding startups with Google executives, Stanford professors, a Nobel Peace Laureate and 600 college students and put them on a ship to circumnavigate the world?

An experiment launched this month called Unreasonable at Sea hopes that this eclectic group will unleash global entrepreneurship.

Mobile Networks are Missing Out on a Huge Market in Transferring Money to the World’s Poor

  • By
  • Anjana Ravi,
  • Nicole Tosh,
  • New America Foundation
November 21, 2012 |

Mobile money has an estimated potential worldwide revenue of $1 trillion within the next three years, and has become the “it” technology of the moment. The ability to send and receive money through cell phones simplifies the transaction process and offers customers both mobility and flexibility in managing their money. The most notable mobile money platform in the developing world, Kenya’s M-PESA, had 17 million subscribers as of December 2011, and other countries throughout the developed and developing world are quickly jumping on the bandwagon.

A New Direction For Financial Inclusion?

  • By
  • Anjana Ravi,
  • Eric Tyler,
  • New America Foundation
November 18, 2012 |
At the beginning of last month, the Reserve Bank of India (RBI) created a high-level committee focused on getting India’s financial inclusion efforts back on track. However, without a radical shift in direction, the committee will fail to be more than a false hope in a bureaucratic nightmare.
 
India is home to the largest unbanked population in the world. Sixty five per cent of adults across the country are excluded from the formal financial system.

Map: What Countries Have the Worst Gender Gaps?

  • By
  • Jamie M. Zimmerman,
  • Nicole Tosh,
  • Nick McClellan,
  • New America Foundation
October 11, 2012 |

For more information, see Investing in Girls, a paper that looks at how linking technology and savings-focused cash transfers can help close the global gender gap.

5 Ways to Put Global Poverty Back on (Whichever) President’s Agenda

  • By
  • Jamie M. Zimmerman,
  • New America Foundation
September 22, 2012 |

In the video above, Jamie Zimmerman explores ways that either presidential candidate can strengthen America's global development agenda post-election.

4 Ways to Prevent Natural Disasters From Becoming Human Tragedies

  • By
  • Vishnu Sridharan,
  • New America Foundation
August 28, 2012 |

The National Oceanic and Atmospheric Administration (NOAA) recently reported that the past 12 months have been the warmest the United States has ever experienced. Another NOAA report confirmed what has become increasingly obvious: Climate change is the likely culprit. This summer’s extreme heat has sparked wildfires in states like Colorado. And the American heartland is parched, suffering the worst drought in 50 years; the loss of crops is predicted to drive food prices up nationally this fall.

Enhancing the Impact of Cash Transfers

  • By
  • Vishnu Sridharan,
  • New America Foundation
July 13, 2012 |
One of the most successful tools in the fight against poverty, one that has attracted increasing attention over the past decade, is social protection via cash transfers. In fact, the New America Foundation’s Global Savings and Social Protection Database – which focuses on Latin America, Africa, East and Asia – has identified over 90 cash-transfer programs in 45 countries, with over a half billion beneficiaries. As the Chronic Poverty Research Centre puts it, “social protection is critical in preventing descent into chronic poverty and reducing the depth of poverty...

How Mexico Used Banks to Uplift the Poor

  • By
  • Vishnu Sridharan,
  • New America Foundation
June 26, 2012 |
It’s a tough time to be a banker.
 
Last month, during Germany’s “Blockupy” protests in Frankfurt, police warned bankers not to wear suits and keep a low profile as 25,000 marchers swarmed the streets with banners reading “Break the Banks’ Power!” Earlier in Spain, riot police protected Caja Madrid bank as citizens made clear their view that the bank “cheats, defrauds and throws people out of their houses.”
 
In Mexico, which last week hosted the G20 summit, the picture is starkly different.
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