MGPO 440 Lecture Notes - Lecture 8: Muhammad Yunus, Reverse Innovation, Appropriate Technology
Document Summary
Agriculture is the economic engine (+ 75% : a lot of it is informal) Export advantage ( not too far from europe, or arabic peninsula, asia ) through large channels (3-5 big players) )nformation are they lacking (cid:523)market prices: so you don"t get ripped off(cid:524) Helping to integrate smallholders farmers in the supply chain. Ensure that the small farmers can be self-sustaining (to make sure they can leave after & help another problem) to regional problem solving. Small scale : infrastructure, mediaum scale : roads, well ; micro-finance scale: get $ to get b. Wave 3 : market based approach = micro finance = lending small loans to people = provide ppl the means to integrate in the market hoping they will be self-sustaining. Want to be integrated in economy : want to be a part of the market. Bs: the donation systm is just not viable/self-sustianing financially. Performance problems: some farmers don"t fill out their duties.