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Can Impact Investing Avoid the Failures of Microfinance?

Harvard Business Review

In 2010, J.P Morgan projected up to $1T in investment would be deployed this decade — which would make impact investing twice the size of official development aid to the world’s less develop countries (as defined by the United Nations) , presuming historic levels of aid stayed constant since 2010.

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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

Economywide ROIC has trended downward since the 1980s, falling from above 6% in the mid-1960s to 5% in 1980, then to 3% in 1990, and to only a bit more than 1% by 2010. companies have enjoyed supernormal rates of return. But this phenomenon of rising competitive intensity does not, evidently, apply to all firms.

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