Elements in the Economics of Emerging Markets
2 total works
Towards a Theory of 'Smart' Social Infrastructures at Base of the Pyramid
by Sandeep Goyal and Bruno S Sergi
Published 18 May 2020
The primary focus of this Element is to understand the rise of smart 'social' infrastructures in BoP emerging markets like India. It has been observed that new focus areas and frontiers of global economy are taking shape where social and environmental outcomes along with economic performance are considered to be collective parameters for success or failure of the businesses. This has led to the emergence of new models of entrepreneurship, namely for-profit social businesses. These new models are driven by problem-solving social innovators who are driven by the social and environmental mission besides economic gains. Sustainability and overall success of social businesses is driven by smart social infrastructure, comprising availability of incubation ecosystem for social start-ups, access to patient capital, availability of digital ecosystem, adoption of circular business models, and focus on collaborations, partnerships and networking with diverse stakeholders.
Global South Leadership Style
by Abelfemi Adekola, Mona Pearl, Bruno S Sergi, and Richard J. Muszynski III
Published 5 November 2024
The Global South consists of emerging nations with increasing economic and political strength, drawing attention to their unique leadership challenges and opportunities. Visionary leaders from the Global South leverage their political and economic influence to challenge the status quo and reshape the global order. Thus, Global South's leadership has the potential for a revolutionary future, defined by its distinctive experiences, creative energy, and dedication to a more sustainable global order. This Element promotes a new paradigm shift by acknowledging the regions as a unique leadership concept rather than a geographical classification. The Global South Leadership Index identifies new players, agendas, and pathways to provide a framework for other countries who want to follow suit. The Element sidesteps labeling leaders explicitly with terms like democratic or dictatorial. It allows readers to interpret the governance style and leadership dynamics for themselves, resulting in a more nuanced understanding.