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Capital and the Common Good
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Capital and the Common Good: How Innovative Finance is Tackling the World's Most Urgent Problems

Georgia Levenson Keohane

Abstract

Despite social and economic advances around the world, poverty and disease persist, exacerbated by the mounting challenges of climate change, natural disasters, political conflict, mass migration, and economic inequality. While governments commit to addressing these challenges, traditional public and philanthropic dollars are not enough. Here, innovative finance has shown a way forward: by borrowing techniques from the world of finance, we can raise capital for social investments today. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, p ... More

Keywords: Financing the Future, Public-Private Partnerships, Cutting Edge Global Finance, Sustainable Capitalism, Sustainable Finance, Social Finance, Impact Investing, Social Impact Investing, Market Solutions, Market Failure

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780231178020
Published to Columbia Scholarship Online: September 2017 DOI:10.7312/columbia/9780231178020.001.0001

Authors

Affiliations are at time of print publication.

Georgia Levenson Keohane, author
Pershing Square Foundation