03926cam a2200493 i 4500 117105 117105 18993351 BJBSDDR 20230411090825.0 a|||||r|||| 00| 0 ta 160228s2016 nyu b 001 0 eng 2016002655 9780231178020 (cloth : alk. paper) 0231178026 (cloth : alk. paper) DLC eng DLC rda DLC eng pcc HG 101 K37c 2016 174/.4 Keohane, Georgia Levenson. 25138 Capital and the common good : how innovative finance is tackling the world's most urgent problems / Georgia Levenson Keohane. New York : Columbia Business School Publishing, 2016 xi, 248 pages : illustrations ; 23 cm. text rdacontent unmediated rdamedia volume rdacarrier Columbia Business School publishing Includes bibliographical references (pages 201-232) and index. Introduction: innovative finance and the visible hand -- Climate change: REDD forests, green bonds, and the price of climate finance -- Health care: medicine for market failure -- Financial inclusion and access to capital -- Redefining risk, response, and resilience towards a new disaster finance -- US community and economic development -- Conclusion: financing the future: innovative finance and the ties that bind -- Epilogue: the road ahead. 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 have committed to addressing these challenges-- with such efforts as the Paris Agreement on Climate Change or the Millennium Development Goals-- our aspirations run deeper than our pockets. Traditional public and philanthropic dollars are not enough. Innovative finance brings governmental, commercial, and philanthropic resources to bear on the common good: meeting the needs of the poor and underserved, solving global problems, and building a more sustainable and inclusive prosperity. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, pay-as-you-go solar electricity to Kenyans, and affordable housing and transportation to New Yorkers. Capital and the Common Good shows how market failure in one context can be solved with market solutions from another: an expert in securitization bundles future development aid into bonds to pay for vaccines today; an entrepreneur turns a mobile phone into an array of financial services for the unbanked; and policy makers adapt pay-for-success models from the world of infrastructure to human services like early childhood education, maternal health, and job training. Surveying the successes and missteps of these efforts, Keohane argues that innovative finance is as much about incentives and sound decision making as it is about money. When it works, innovative finance gives us the tools, motivation, and security to invest in our shared future Finance Social aspects. Finanzas Aspectos sociales 25946 Finance Moral and ethical aspects. Finanzas Aspectos morales 25947 Capitalism Social aspects. Capitalismo Aspectos sociales. 1790 Social responsibility of business. Responsabilidad social de los negocios 3110 Common good. 9584 Columbia Business School publishing 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK 0 0 lcc 0 0 CS BJB BJB CS 2022-09-23 0 HG 101 K37c 2016 00000165255 2022-09-23 00:00:00 1 2022-09-23 BK