From Alliance magazine: Markets are emerging – what about philanthropy?
Dramatic shifts in the political and economic landscape of many low and middle- income countries in recent years have resulted in the emergence of a new class of wealthy individuals. This has led to a rapid growth in private and family foundations in many emerging markets. But the benefits of economic liberalisation have not always resulted in an equal distribution of wealth, and income disparities have only been exacerbated by the global economic crisis. Against this background, Jenny Hodgson looks at a new breed of community philanthropy institutions which is emerging.
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March 1st 2013, Alliance magazine