A Practical Tool to Create Economic Opportunity for Low-Income Communities

Private businesses and investors can create markets and accelerate growth for low-incomecommunities in emerging markets. In doing so, they benefit from estimates of poverty in thetargeted market segments they seek to serve. While national household...

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Bibliographic Details
Main Authors: Burke, Laura, Ramanathan, Sharada, Rebolledo Dellepiane, Miguel Angel
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/399481533318702107/A-practical-tool-to-create-economic-opportunity-for-low-income-communities
http://hdl.handle.net/10986/30382
Description
Summary:Private businesses and investors can create markets and accelerate growth for low-incomecommunities in emerging markets. In doing so, they benefit from estimates of poverty in thetargeted market segments they seek to serve. While national household surveys provide povertydata, they are often too costly and overly broad for the purposes of private enterprises. Use ofthe Poverty Probability Index can help businesses improve their estimates of poverty and therebybetter tailor their operations and strategies to specific populations.