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SMEs and global finance: The missing link

Ashokas Changemakers and G-20 team to rebuild local economies worldwide

There exists a sector in the global economy representing more than 95% of the world’s business, contributing to over 50% of the world’s GDP, supporting large multi-national corporations, and triggering economic growth in developing countries. It is made up of small- and medium-sized enterprises (SMEs). And only a fraction of this sector has access to credit. This means that the single largest source of job creation remains largely unfinanced.

Khan Academy: Virtual Classroom, Real Results


On Monday, we asked the question: are colleges worth the price of admission?

(If you haven’t, we suggest you track back and read yesterday’s article.)

The answer is very much up for debate and the issue is neither black nor white. But if we accept that a quality, affordable learning experience is becoming less tangible with every education budget cut and tuition hike, what “troublemaker” will change the system.
What about a 33-year old “ebullient, articulate Harvard MBA and former hedge fund manager?"

Meet Salman Khan.

Is our children learning? And is higher education worth it?

Rarely is the question asked: Are colleges worth the price of admission?

The Economist reports that American universities dominate global rankings; on the Shanghai Ranking Consultancy’s list of the world’s best universities, 17 of the top 20 are American, and 35 of the top 50. American universities also employ 70% of living Nobel prizewinners in science, economics, and “produce a disproportionate share of the world’s most-cited articles in academic journals.”

UNICEF Picks Top Nine Aid Innovations From the Near Future

Want to save the world? UNICEF might have an answer to that question.

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