Assessing Global Needs When Identifying Potential Engineering for Global Development Projects

Author(s):  
Christopher S. Mabey ◽  
Christopher A. Mattson ◽  
Eric C. Dahlin

Abstract With limited time and resources available to carry out Engineering for Global Development (EGD) projects, it can be difficult to know where those resources should be allocated to have great potential for meaningful impact. It is easy to assume that projects should occur in a particular location based upon personal experience or where other development projects are taking place. This can be a consideration, but it may not lead to the greatest social impact. Where to work on a project and what problem to work on are key questions at the outset of an EGD project. To aid in this process, this paper presents a method for assessing global needs to ensure thoughtful use of limited EGD resources. We introduce a method for identifying locations where there is human need, gaps in technological achievement, and what countries are favorable to do business in. Results of the method are compared to what countries receive the most foreign aid dollars per capita. Measures were calculated using principal component analysis (PCA) on data collected from the United Nations, World Bank, World Economic Forum, and AidData. These results can help practitioners in selecting where to undertake development projects with an eye toward targeting locations that may yield high levels of social impact.

2021 ◽  
Vol 144 (3) ◽  
Author(s):  
Christopher S. Mabey ◽  
Christopher A. Mattson ◽  
Eric C. Dahlin

Abstract With limited time and resources available to carry out Engineering for Global Development (EGD) projects, it can be difficult to know where those resources should be allocated to have greater potential for meaningful impact. It is easy to assume that projects should occur in a particular location based on personal experience or where other development projects are taking place. This can be a consideration, but it may not lead to the greatest social impact. Where to work on a project and what problem to work on are key questions in the early stages of product development in the context of EGD. To aid in this process, this article presents a method for assessing global needs to ensure thoughtful use of limited EGD resources. We introduce a method for identifying locations where there is human need, gaps in technological achievement, and what the work environment is in a country. Results of the method are compared to what countries receive the most foreign aid dollars per capita. Measures were calculated using the principal component analysis on data from development agencies. These results can help practitioners in selecting where to undertake development projects with an eye toward targeting locations that may yield high levels of social impact.


2018 ◽  
Vol 8 (4) ◽  
pp. 1-18
Author(s):  
Surajit Ghosh Dastidar

Learning outcomes To understand social entrepreneurship and a social entrepreneur; to identify a social problem and develop a business idea; to understand the theory of entrepreneurial opportunity recognition; and to understand microfinance and its impact in the lives of the poor. Case overview/synopsis The case traces the journey of its founder Chandra Shekhar Ghosh from being a small time entrepreneur in microfinance to being the owner of a universal bank named Bandhan. Bandhan bank started its operations on August 23, 2015 with 501 branches, 2022 service center and 50 ATMs across 24 states. It had 14.3 million accounts, around 105 billion loan book and 19,500 employees. The founder of Bandhan bank, Chandra Shekhar Ghosh, an Ashoka fellow had won numerous awards such as Entrepreneur with Social Impact Award by Forbes (2014), Entrepreneur of the Year by Economic Times (2014), Skoch Financial Inclusion Award (2011), Entrepreneur of the Year Award (2014) by AIMA to name a few. In 2014, Bandhan was also recognized as Global Growth Company by World Economic Forum. Complexity academic level The case is suitable for analysis in a MBA level course on social entrepreneurship. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 3: Entrepreneurship.


2009 ◽  
pp. 85-96 ◽  
Author(s):  
E. Rustamov

The article considers strategic issues of modernization of the transition economy. The analysis is based on the methodology of the World Economic Forum where special attention is paid to the sequence of the transformation stages. The main conclusion is that modernization should combine implementation of the governance mechanisms with the beneficial use of comparative advantages of the national culture. In fact, modernization of the transition economy should be evolutionary. It is precisely this course of development that is relevant for Azerbaijan which has successfully upgraded its economy in the recent years.


Author(s):  
Sabrina Bruno

Climate change is a financial factor that carries with it risks and opportunities for companies. To support boards of directors of companies belonging to all jurisdictions, the World Economic Forum issued in January 2019 eight Principlescontaining both theoretical and practical provisions on: climate accountability, competence, governance, management, disclosure and dialogue. The paper analyses each Principle to understand scope and managerial consequences for boards and to evaluate whether the legal distinctions, among the various jurisdictions, may undermine the application of the Principles or, by contrast, despite the differences the Principles may be a useful and effective guidance to drive boards' of directors' conduct around the world in handling climate change challenges. Five jurisdictions are taken into consideration for this comparative analysis: Europe (and UK), US, Australia, South Africa and Canada. The conclusion is that the WEF Principles, as soft law, is the best possible instrument to address boards of directors of worldwide companies, harmonise their conduct and effectively help facing such global emergency.


Author(s):  
Ellen Anne McLarney

This chapter focuses on the work of Heba Raouf Ezzat. Ranked the thirty-ninth most influential Arab on Twitter, with over 100,000 followers, voted one of the hundred most powerful Arab women by ArabianBusiness.com, and elected a Youth Global Leader by the World Economic Forum, Raouf Ezzat has articulated and disseminated her Islamic politics in a global public sphere. Her writings and lectures develop an Islamic theory of women's political participation but simultaneously address other contested questions about women's leadership, women's work, and women's participation in the public sphere. Heba Raouf Ezzat is one of the most visible public figures in the Arab and Islamic world today, a visibility that began with her book on the question of women's political work in Islam, Woman and Political Work.


2020 ◽  
pp. 54-62
Author(s):  
Oleksii V. Lyulyov ◽  
Oleksandra I. Karintseva ◽  
Andrii V. Yevdokymov ◽  
Hanna S. Ponomarova ◽  
Oleksandr O. Ivanov

The article describes the situation of gender equality in Ukraine and in the world during the last 5 years, identifies the leading countries in moving towards gender equality in various fields of life by analyzing the indicators of the Global Gender Gap Report of the World Economic Forum. These indicators include: Economic Participation and Opportunity, Educational Attainment, Health and Survival, Political Empowerment, which are the part of a single index that determines the position of countries in the overall ranking. Based on the results of this analysis, Ukraine has improved value of gender equality index, although in the overall ranking of countries Ukraine has lost its position and dropped 11 ranks lower than in 2014. This means that, among all the countries surveyed by the World Economic Forum, there are countries that are moving much faster towards gender equality than Ukraine. In addition, the article includes the investigation of the gender representation among the board members of 5 enterprises of Ukraine for 2014-2017, which represent the leading sectors of the Ukrainian economy. The dynamics of changes in the level of performance of these enterprises using the return on assets (ROA) indicator is analyzed, the relationship between the leadership of the enterprises and the value of the ROA indicator is graphically presented. The obtained results do not give a clear answer about the gender impact on the enterprise performance. The reason for this is a number of factors, such as: insufficient statistical sampling of enterprises; the selected performance indicator of enterprise activities does not fully reflect the impact of the gender factor on enterprise activities; the methodology used in the work needs improvements, or it is necessary to choose a totally new approach to the analysis of the investigated issue under study. Gender representation among board members and its impact on enterprise performance should be investigated further. Key words: gender, gender equality, enterprise board members, return on assets.


Author(s):  
Stephen K. Reed

Cognitive Skills You Need for the 21st Century begins with the Future of Jobs Report 2018 of the World Economic Forum that describes trending skills through the year 2022. To assist with the development of these skills, the book describes techniques that should benefit everyone. The 20 chapters occupy 6 sections on acquiring knowledge (comprehension, action, categorization, abstraction), organizing knowledge (matrices, networks, hierarchies), reasoning (visuospatial reasoning, imperfect knowledge, strategies), problem-solving (problems, design, dynamics), artificial intelligence (data sciences, explainable AI, information sciences, general AI), and education (complex systems, computational thinking, continuing education). Classical research, recent research, personal anecdotes, and a few exercises provide a broad introduction to this critical topic.


Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3802
Author(s):  
Marta Ewa Kuc-Czarnecka ◽  
Magdalena Olczyk ◽  
Marek Zinecker

This article aims to improve one of the newest energy transition measures—the World Economic Forum WEF Energy Transition Index (ETI) and find its driving forces. This paper proposes a new approach to correct the ETI structure, i.e., sensitivity analysis, which allows assessing the accuracy of variable weights. Moreover, the novelty of the paper is the use the spatial error models to estimate determinants of the energy transition on different continents. The results show that ETI is unbalanced and includes many variables of marginal importance for the shape of the final ranking. The variables with the highest weights in ETI did not turn out to be its most important determinants, which means that they differentiate the analysed countries well; nonetheless, they do not have sufficient properties of approximating the values of the ETI components. The most important components of ETI (with the highest information load) belong to the CO2 emissions per capita, the innovative business environment, household electricity prices, or renewable capacity buildout. Moreover, we identified the clustering of both ETI and its two main pillars in Europe, which is not observed in America and Asia. The identified positive spatial effects showing that European countries need much deeper cooperation to reach a successful energy transition.


2021 ◽  
pp. 239386172110146
Author(s):  
Prama Mukhopadhyay

Internal migration constitutes a major source of steady flow of population in India, and reports published by the World Economic Forum (WEF),1 2017 state that interstate migration in the country has doubled during 2001–2011, compared to the previous decade.2 In developing countries, such migration is often considered to be an effective way for income diversification for the economically marginalised sections of the society, even though its effect on ‘human development’ is oft debated. This article would engage with this debate and bring out how migration from the Indian part of the Sundarbans to other parts of the country is not only changing the demography of the region but is also having a strong impact on the local perception and attachment towards the deltaic landscape. By bringing in ethnographic details from a village in the Indian Sundarbans, which was predominately inhabited by the fishing community earlier, this article would bring out how traditional occupations like fishing are slowly losing their popularity in the face of the lure of out-migration, as the very identity of the ‘indigenous’ Sundarban fisher folks—who were once rightfully considered to be the true conservator of the forests—is changing. From there, this article would engage with the broader debate of rethinking whether migration can be considered as a positive indicator of development in such ecologically fragile areas like the Sundarban deltas, which used to indeed have a distinct economic, social and cultural life of its own.


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