Data Source: Credit Suisse
Our work at Intellecap focuses on market oriented approaches that improve the quality of life of people at the Base of the Economic Pyramid (BOP).
Capitalism and liberal market economics have produced significant global growth over the last four decades. Millions of people in emerging markets were lifted out of poverty.
However, over 2 billion people around the world continue to be poor. Global income distribution remains highly unequal and income inequalities are increasing, especially in emerging market economies. In addition, there are many new and unprecedented challenges facing us, including climate change, loss of biodiversity, high levels of structural unemployment, a global financial crisis and political instability, especially among youth who have no jobs or are in low quality jobs.
Households at the BOP have been the least likely to participate in global economic growth due to multiple constraints – lack of access to education and health resources, limited access to financial capital to grow their businesses or fund their economic activities, disadvantages of geography, exclusion from political and economic decision making forums, and position in the social hierarchy, among others. Through our various Practice Areas, Initiatives, Incubations, and Strategic Relationships, Intellecap seeks to directly and indirectly address these constraints.
We visualize a world and a future for humanity that is guided by fundamental and important principles of equity and sustainability at every level.