Ask yourself this simple question: are you more likely to buy a car once you´ve saved enough money to pay for it in full, or take out a loan to finance it?
Read More3 surprising reasons why Latin Americans avoid financial institutions
Category: emerging markets
How women became the top entrepreneurs in Brazil’s slums
In one of my previous posts about the Brazil slums – Favela Rising – I talked about how resourceful someone has to be in the favelas (slums). That is exactly what I meant by the entrepreneurial spirit. But, what does it take for someone to be an entrepreneur in the most deprived parts of the country? According to a study from Data Popular in partnership with CUFA (Central Unica das Favelas), found that 29% of favela residents said the main reason to become an entrepreneur was the possibility to be…
Read MoreWhatsApp skewed Brazilian election, proving social media’s danger to democracy
Misinformation via social media played a troubling role in boosting far-right Congressman Jair Bolsonaro to into the Brazilian presidency. Bolsonaro did not win 55 percent of votes thanks to misinformation alone. A powerful desire for political change in Brazil after a yearslong corruption scandal and a court decision compelling the jailed front-runner Luis Inacio Lula da Silva to withdraw from the race both opened the door wide for his win. But Bolsonaro’s candidacy benefited from a powerful and coordinated disinformation campaign intended to discredit his rivals, according to the Brazilian…
Read MoreSE Asia: eCommerce boom drives up mobile payment options
A recent Google-Temasek e-Conomy SEA 2018 report highlights the explosive growth happening in e-commerce in Southeast Asia. SE Asia has long been seen as a challenging market for international brands to enter. Recent investments in infrastructure, improved regulatory conditions alongside rapid growth in internet and smartphone penetration open up the markets for foreign brands. With the growing acceptance of e-commerce, foreign brands no longer need to establish a local presence to target the Southeast Asian consumer. According to the e-Conomy SEA 2018 report, the SE Asia internet economy reached an…
Read MoreBlockchain-based land registries may help lift the poor out of poverty
Many developing countries don’t have a working system of tracking property rights, and what they do have can be fragile and incomplete. In Haiti, for instance, a large earthquake in 2010 destroyed all the municipal buildings that stored documents confirming many small farmers’ ownership of the land they worked. Even years later, many farmers didn’t have proof that they were landowners. People are still fighting over their land. This sort of problem – caused by natural disasters or not – is widespread, causing financial hardship for families in the developing…
Read More3 easy points to understand what makes Malta the “Blockchain island”
Malta has earned a well-deserved title of “Blockchain island” – it is the first jurisdiction in the world to introduce blockchain regulations. The Maltese government views the blockchain technology as a whole, while other countries are typically looking at crypto and blockchain for short-term gains. It’s fair to say that Malta legislators understand what the blockchain technology can offer in the long run. In July 2018 when the Maltese parliament passed the regulatory bills, Silvio Schembri, Junior Minister for Financial Services, tweeted: The 3 Bills that will regulate DLT have been…
Read MoreHow blockchain could stop data plunder in emerging markets
As studies emerge predicting that between 40% and 60% of western companies revenue growth will likely come from emerging economies over the next ten years, the interest to gather and analyze Big Data coming from these markets also grows. Companies in developed economies are starting to increase their budget spending on data analytics in these markets with the objective of getting a better understanding of this largely unknown consumer psyche. It is estimated that over 60% of the world’s total data will be coming from EM in the next few…
Read MoreSolar Energy in Social Housing, a Discarded Solution in Brazil
The social housing complexes of Morada do Salitre and Praia do Rodeadouro (main photo), with solar panels on their rooftops, make up a village of 1,000 families on the outskirts of the city of Juazeiro, in the Brazilian state of Bahia. A solar energy project, which has been suspended, created jobs for local residents to plant trees and clean the streets. JUAZEIRO, Northeastern Brazil – “Our main challenge is to get the project back on track,” agreed the administrators of two affordable housing complexes, where a small solar power plant was…
Read MoreThe Chinese Century: Is China-Brazil relationship a proxy of a new global governance?
Nature hates the vacuum, so do superpowers. Therefore, the geopolitical space allowed by the United States is seemingly being filled by China [1]. For instance, the Asian giant became Brazil’s most important trade partner in 2009 and Chinese investment in Brazil began around 2010 [2] as part of a state-led directive to increase China’s food and energy security through overseas acquisitions. Brazil plays an important role locally given the country´s economic weight and regional influence; therefore, a partnership with China changes the regional geopolitical landscape. The increase of interest in…
Read MoreCircular economy: How a Brazilian cosmetics company is reviving the Amazon forest
Leading Brazilian cosmetics company Natura launched its ‘Amazon Program’ in 2011 aiming at achieving an inclusive business model. The Ekos Ucuuba product line is one example. Combining its bio-intelligence and community knowledge, Natura extracts seed oil from ucuuba trees, which are threatened with extinction, as the core product ingredient. Social Challenges: The increased exploitation of timber and other natural materials in the Amazon Forest over the last 30 years has led this region to face the threat of biodiversity losses which in turn affect greater climate issues. Also, local labours…
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