“Life is Hard” – Original slides with written speech, BxD 2008
This is more or less the written version of my Life is Hard presentation (slides,video, reference) as first given in October 2008 in Providence, Rhode Island at the Better World by Design conference held at Brown University. Some of the details have become more nuanced since then, some parts have spun off into blogs, projects, […]
Minimizing risk: buyer behaviour among the BoP confirmed by Nielson
The South African Shopper Trends report by Nielson highlights some aspects of the township customer’s mindset and buyer behaviour, as demonstrated by the following snippet from this analysis: How we make purchasing decisions We make decisions based on what other people say, as well as how we experience a product. There is a major fear […]
Bridging the gap: boundary spanners in the informal economy
My recent diversion into exploring the increasing visibility of the informal economy in the developed world has been providing much food for thought on the perceived boundary between the formal and the informal. More so, than in Europe, does the need exist among the most economically challenged across the still developing world for ways and […]
The Informal Economy Symposium, Barcelona on October 12th 2012
Our aim with this symposium is to explore the global scope, innovations and potential futures of the informal economy. Opening Keynote will be John Keith Hart, who coined the term “informal economy” and the day long symposium on the 12th of October will be closed by John Thackara. There will be three panel discussions, as […]
Europe could stop fighting it and see if informal economy has lessons to teach
Scanning recent writing on the informal economic activity in the wake of the Great Global Recession brings to light the ongoing struggle to deal with it. Is it good or is it bad? Will it help or is it hindering? Don’t forget the taxes being left unpaid by the economically challenged citizens trying to feed […]
Published! Pathways Out of Poverty by iBoPAsia Project
Innovating with the BoP in Southeast Asia. The iBoP Asia Project has published the complete set of small grants funding innovation projects for those at the Bottom of the Pyramid in the ASEAN region. One of the first projects to win the Small Grants competition in 2008 was The Prepaid Economy Project: Understanding BoP household […]
Spain’s woes show behaviours reverting to patterns from pre-formal economies
This recent WSJ article on the emergence of coping mechanisms among the economically challenged in Spain caught my attention today for a couple of reasons. What struck me first was the fact that time (labour) was becoming a viable alternate to money (cash) and this made me come to this blog to look up the […]
Flexibility is the key to affordability
What makes a product unaffordable to those who manage on irregular income streams from a variety of sources? Is it the absolute price that must be paid or is it the requirement that the entire amount be available upfront? Increasingly, I am reaching the conclusion that there is a link between affordability and flexibility. What […]
“Kadogo” kerosene vs “Lumpsum” LPG: Trade-offs and cost/benefit analysis
Following a fascinating conversation with @bankelele and @majiwater on Twitter regarding the cost of kerosene, pay as you go models and relative benefits of each, I’ve been inspired to write this post exploring the topic further. Before I proceed, I’d like to take a moment to clarify what the “Prepaid” in the title of this […]
Mapping global seasonality: national times of abundance and scarcity?
Connecting some dots made me think of this exercise. If national governments are increasingly looking at ways to bridge the informal economy with the formal, in order to provide more inclusive benefits to their citizens and at the same time there’s an increasing focus on providing inclusive financial services to those outside of the formal […]
