Bottom-Up Economics (Spanish version)
Iqbal Quadir, the founder of Bangladesh's GrameenPhone, discusses the failure of foreign aid to rescue moribund third-world economies and the need to empower local entrepreneurs. The most important feature of his company, he explains, isn't the phone system itself but the microloans that mobilize an army of individual entrepreneurs to meet an unsatisfied need profitably.
Collection: HBSP (USA)
Ref: HBS-F0308C
Format: PDF
Number of pages: 4
Publication Date: Aug 1, 2003
Language: Spanish
Description
Iqbal Quadir, the founder of Bangladesh's GrameenPhone, discusses the failure of foreign aid to rescue moribund third-world economies and the need to empower local entrepreneurs. The most important feature of his company, he explains, isn't the phone system itself but the microloans that mobilize an army of individual entrepreneurs to meet an unsatisfied need profitably.
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Geographic Setting: Geographic Setting:India
Industry Setting: Telecommunications
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