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Growing Inclusive Markets
Growing Inclusive Markets Initiative for Eastern Europe and the Commonwealth of Independent States The Growing Inclusive Markets initiative (GIM), led by the United Nations Development Programme (UNDP), is a platform to facilitate the engagement of all actors for more inclusive markets so that the pursuits of profit and human progress can work to mutual advantage. Inclusive markets include the poor on the demand side as clients and customers, and/or on the supply side as employees, producers and business owners at various points in the value chain. They recognize the poor as partners for growth and wealth creation. And when markets include more poor people, we all win. Doing business with the poor brings them into the marketplace- a critical step on the path out of poverty- and for entrepreneurs and firms it drives innovation, builds markets and creates new spaces for growth. Inclusive markets both produce and reap the benefits of human development. The first and ground breaking report from the global GIM initiative, Creating Value for All: Strategies for Doing Business with the Poor, launched in July 2008, highlighted portraits of successful simultaneous pursuits of revenues and social impact from all over the world. The Growing Inclusive Markets (GIM) Initiative for Eastern Europe and CIS aims to promote more inclusive markets in a region[1]where market exclusion of poor and vulnerable people is being exacerbated by the current financial and economic crisis. One output of the regional GIM initiative will be the publication of a regional report providing information on opportunities and challenges of inclusive markets and showcasing examples of successful inclusive business models from Eastern Europe and the CIS. The aim of the report will be to spur local action by inspiring small and big businesses in the region to develop more pro-poor business models, and to create space for dialogue with other local stakeholders to improve the enabling environment for inclusive markets development. Another output will be the brokerage of concrete inclusive business models in selected countries, using the Growing Sustainable Business (GSB) approach. Project Team: Pascale Bonzom, Private Sector Engagement Policy Specialist, Email : pascale.bonzom@undp.org Brigitte Duerr, Project Assistant, Email : brigitte.duerr@undp.org For more information:
[1]The EE & CIS region, as defined by UNDP, comprises the following sub-regions and countries: New EU Member States and Candidate (Bulgaria, Cyprus, Hungary, Lithuania, Poland, Romania, Slovakia, Turkey); Western Balkans (Albania, BiH, Croatia, Kosovo- UN administered territory under UNSC 1244, FYROM, Montenegro, Serbia); Western CIS (Belarus, Moldova, Russian Federation, Ukraine); Caucasus (Armenia, Azerbaijan, Georgia); Central Asia (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan). |
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