Businesses in Bangladesh Boost Profits by Empowering the Poor
A study looked at how businesses in a country like Bangladesh can help reduce poverty by making money. They examined a project called Katalyst that helped businesses grow. The research found that for businesses to help poor people earn more and get jobs, the government and donors need to help by providing money for growth, supporting long-term investments in research and innovation, and improving connections with poorer parts of the supply chain. It was clear that when businesses help poor people, they also make more money for themselves.