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Creating Shared Value through Private Sector Development – Why it Matters

October 11, 2013

IFC Auditorium (2121 Pennsylvania Ave. Level B2)

This panel will discuss how the private sector's energy can be directed to socially important targets and to help emerging economies and developing countries.

Oct. 11, 4:30 pm - 5:30 pm EDT
  • Creating Shared Value through Private Sector Development – Why it Matters: IFC Auditorium (2121 Pennsylvania Ave. Level B2)

How can we harness the private sector to promote development and shared prosperity, and mitigate poverty?

This panel will discuss how the private sector’s energy can be directed to socially important targets and to help emerging economies and developing countries. The most successful businesses are those that recognize that what benefits society at large benefits them as well. Many are adopting “shared value” principles and open and collaborative practices as part of their core business objectives. If we can create incentives for the private sector to create more jobs, this can be a major driver of eradication of poverty and the sharing of prosperity. The aim of this panel will be to bring together policy makers, business leaders and economists to discuss how the private sector can deliver shared value.

Featuring: 

  • Jim Yong Kim, President, World Bank Group
  • Kaushik Basu, Senior Vice President and Chief Economist, World Bank
  • Jin-Yong Cai, CEO and Executive Vice President, IFC
  • Eleni Gabre-Madhin, CEO of eleni LLC and Founder of the Ethiopia Commodity Exchange
  • Michael Porter, Professor, Harvard Business School

Moderator:

Tony Fratto, CNBC Business Week Contributor, Former White House Deputy Press Secretary and US Treasury Assistant Secretary