Opinion: Here's what Central Asia teaches us about inclusive growth
Kyrgyz embroiderers, supported by the Aga Khan Foundation, in Murghab, Tajikistan.
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Article Author: Opinion: Here's what Central Asia teaches us about inclusive growth
Media Source: Devex
Date: 5 November 2018
The notion of inclusive growth has gained traction in recent years — yet globally, rural communities are often left out of the formal economy. In some countries, the private sector has tried to loop those groups into growth but, as experts have observed, the corporate efforts were often “generally not ambitious enough.” At the Aga…
The notion of inclusive growth has gained traction in recent years — yet globally, rural communities are often left out of the formal economy. In some countries, the private sector has tried to loop those groups into growth but, as experts have observed, the corporate efforts were often “generally not ambitious enough.” At the Aga Khan Development Network, we have grappled with this challenge. We agree that the middle layer between microloan clients and larger industry is vital in the transformation of society. Too often this missing middle is forgotten when developing entrepreneurial ecosystems.