Growth Teams

🏗 When it comes to promoting prosperity, development philanthropists should focus on building the productive capacity of entire countries, to achieve large-scale economic transformation. 🚀 Our latest article in Stanford Social Innovation Review argues the case. https://lnkd.in/gbhXVJkP --- Tom Kalil, Kumar Garg, Parth Ahya, Tim Hanstad, Kevin Starr, Andrew Stern, Jeremy Hockenstein, Lisa Minsky-Primus, Neil Buddy Shah, Michael Eddy, Brian Trelstad, Alexander Berger, Rafael Latham-Proença, Walter Kerr, Kurtis Lockhart, Jeffrey Mason, Sasha Kapadia, Dirk Willem te Velde, Antonio Andreoni, Zubin Sharma, Jonathan Said, Chema Triki Schmidt Futures, Chandler Foundation, Big Win Philanthropy, Open Philanthropy, Mastercard Foundation, Mulago Foundation, Livelihood Impact Fund, Gatsby Africa, Wadhwani Advantage, ODI, Charter Cities Institute

𝗕𝗶𝗴 𝗳𝗶𝗿𝗺𝘀, 𝗯𝗶𝗴 𝗶𝗺𝗽𝗮𝗰𝘁. The manufacturing boom in Tamil Nadu is a powerful example of how pro-growth policies can transform an economy. In Tamil Nadu, the government has taken steps to remove barriers for firms, resulting in a surge of high-impact investments and hundreds of thousands of formal sector jobs. Here are some impressive examples: 📱 𝗧𝗮𝘁𝗮 𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰𝘀 is set to hire more than 20,000 people at its iPhone assembly plant, bringing the total to 40,000 employees. 📱 𝗙𝗼𝘅𝗰𝗼𝗻𝗻, the world’s largest contract electronics manufacturer, employs up to 45,000 people at its Tamil Nadu facility during peak periods. 🚗 𝗩𝗶𝗻𝗙𝗮𝘀𝘁, the Vietnamese EV manufacturer, aims to create 10,000 jobs at its new facility. 🚙 𝗧𝗮𝘁𝗮 𝗠𝗼𝘁𝗼𝗿𝘀 and subsidiary 𝗝𝗮𝗴𝘂𝗮𝗿 𝗟𝗮𝗻𝗱 𝗥𝗼𝘃𝗲𝗿 are opening a new vehicle manufacturing plant, expected to create 5,000 jobs. These key firms in global value chains do more than generate jobs–they bring valuable knowhow, catalyzing high-productivity industries like electronics and automotive manufacturing. Read more from 𝗔𝗿𝘃𝗶𝗻𝗱 𝗦𝘂𝗯𝗿𝗮𝗺𝗮𝗻𝗶𝗮𝗻, former chief economic adviser to the Indian government and adviser to the government of Tamil Nadu, on how Tamil Nadu offers a model for industrialization across India. #EconomicGrowth #Manufacturing #JobCreation #TamilNadu

✅ Hace unos días participé del "Growth Summit: Recentering Economic Growth in Development", donde fui parte del panel "Horizontal, Vertical, and Cluster Approaches to Growth" en Washington DC. Durante mi intervención, presenté el caso de las Mesas Ejecutivas como una herramienta clave en la política pública para impulsar el desarrollo productivo y el crecimiento económico. 👉🏼 Este evento fue organizado por el Charter Cities Institute, Growth Teams y el Center for Global Development, y fue una excelente oportunidad para intercambiar experiencias inrernacionales enfocadas en la dinamización de las cadenas productivas en el mundo. Mira el video aquí 👇🏼

𝐖𝐡𝐚𝐭 𝐚𝐧 𝐢𝐧𝐜𝐫𝐞𝐝𝐢𝐛𝐥𝐞 𝐞𝐯𝐞𝐧𝐭! 🎉 Last week’s 𝘎𝘳𝘰𝘸𝘵𝘩 𝘚𝘶𝘮𝘮𝘪𝘵: 𝘙𝘦𝘤𝘦𝘯𝘵𝘦𝘳𝘪𝘯𝘨 𝘌𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘎𝘳𝘰𝘸𝘵𝘩 𝘪𝘯 𝘋𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵—co-hosted by Growth Teams, Charter Cities Institute, and the Center for Global Development—was a huge success! 🌍⁣ ⁣ We brought together leading funders, doers, policymakers, and researchers to re-center 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐠𝐫𝐨𝐰𝐭𝐡 as a central focus for development efforts and explore concrete steps to make a difference. The Summit was filled with bold ideas and rich conversations. 🚀⁣ ⁣ Here’s a quick look back at the amazing sessions and insights:⁣ ⁣ 💡 The Summit kicked off with Stefan Dercon, Vera Songwe, 𝐀𝐫𝐯𝐢𝐧𝐝 𝐒𝐮𝐛𝐫𝐚𝐦𝐚𝐧𝐢𝐚𝐧, and Hakim Ben Hammouda discussing the critical importance of growth and how the development agenda has drifted away from leaders in developing countries. ⁣ 📊 Eliana Carranza, Amir Lebdioui, Ken Opalo, and Kunal Sen explored how data and research can inform pro-growth policies and actions.⁣ ⁣ 🔥 𝐋𝐚𝐧𝐭 𝐏𝐫𝐢𝐭𝐜𝐡𝐞𝐭𝐭 and Manish Sabharwal engaged in a thought-provoking conversation on growth and the role of large firms that transform economies.⁣ ⁣ 💸 On Day 2, Emily Oehlsen shared the thinking behind Open Philanthropy’s new program on economic growth in low- and middle-income countries, and along with Gargee Ghosh, Adnan Qadir Khan, 𝐀𝐛𝐞𝐛𝐞 𝐒𝐞𝐥𝐚𝐬𝐬𝐢𝐞, and 𝐃𝐞𝐯𝐨𝐧 𝐋𝐨𝐧𝐠, discussed how funders approach economic growth.⁣ ⁣ 🌐 Aradhna Aggarwal, Shlomo (Solly) Angel, Piero Ghezzi, and Dr. Ahmed Khalid Benomar went deep into the role of sectors and clusters in driving growth. ⁣ 🏢 Paddy Carter, James Foster, Radha Rajkotia, and Brendan Mullen discussed how to unlock the growth of firms to drive economy-wide benefits.⁣ ⁣ 🔥 To close out, Stephen Brien and leonard wantchekon led a powerful conversation on how to take the Summit’s momentum forward into action.⁣ ⁣ 🙌⁣ ⁣We are incredibly grateful to all the speakers, participants, and partners who made this Summit such a success. 𝐓𝐡𝐚𝐧𝐤 𝐲𝐨𝐮! 📺 Missed any of the sessions or want to revisit the discussions? The videos are now available online. 𝐖𝐚𝐭𝐜𝐡 𝐡𝐞𝐫𝐞: https://lnkd.in/ezRNSbJV ⁣ Let’s keep the momentum going! 🚀⁣ ⁣ #GrowthSummit #EconomicGrowth #StructuralTransformation #JobCreation Kartik Akileswaran Jonathan Mazumdar Chema Triki Mark Lutter Kurtis Lockhart Jeffrey Mason Mark W. Plant Thomas Ginn Charley W.

🚀 Africa's cities hold the future of growth, but how do we unlock their potential? Tune in to our latest quarterly digital roundtable, where Kartik Akileswaran from Growth Teams presents powerful insights on the role of 'know-how' in city development, using Kenya as a case study 🇰🇪 From political challenges to visa complexities, discover the solutions and strategies to accelerate city development across the continent 📈 Watch now and be part of the conversation! 🔗 https://lnkd.in/emweb_9j

🚨 Today’s the day! After months of preparation, the 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁 is finally here! 🚨 We’re thrilled to kick off the 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁: 𝗥𝗲𝗰𝗲𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 today, co-hosted by Growth Teams, Charter Cities Institute, and the Center for Global Development. 🌍 We're honored and excited to host an amazing group of participants from around the world, ready to dive into bold ideas for driving economic growth in developing countries. 🙌 To mark the occasion, we’re also pleased to share a research paper by our advisor and leading economist Lant Pritchett: "𝘛𝘩𝘦 𝘊𝘢𝘴𝘦 𝘧𝘰𝘳 𝘌𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘎𝘳𝘰𝘸𝘵𝘩 𝘢𝘴 𝘵𝘩𝘦 𝘗𝘢𝘵𝘩 𝘵𝘰 𝘏𝘶𝘮𝘢𝘯 𝘞𝘦𝘭𝘭𝘣𝘦𝘪𝘯𝘨." 📄 Developed for the Summit, this paper explores how inclusive economic growth can drive poverty reduction and improve living standards globally. Using concrete examples and new analysis, it provides key insights into the power of growth to transform societies. 📈 Read the full paper – link in the comments. 🔗 𝗟𝗲𝘁’𝘀 𝗴𝗼! 💪 #GrowthSummit #EconomicGrowth #HumanWellbeing #PovertyReduction (Quote from "𝘖𝘯 𝘵𝘩𝘦 𝘮𝘦𝘤𝘩𝘢𝘯𝘪𝘤𝘴 𝘰𝘧 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵" by Robert Lucas, 1988)

🚀 We have two exciting days ahead! The 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁 starts tomorrow 🚀 The 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁: 𝗥𝗲𝗰𝗲𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 kicks off tomorrow in Washington, D.C., co-hosted by Growth Teams, Charter Cities Institute, and the Center for Global Development! 🌍 Over the next two days, we’ll hear from leading experts, policymakers, and funders as they explore how to accelerate growth in developing countries. Here’s what’s coming up on Friday (Day 2): 🟢 The Funder Perspective on Economic Growth – Gargee Ghosh, Adnan Qadir Khan, Abebe Selassie, and Devon Long will share insights on how funders approach economic growth. Moderated by Emily Oehlsen from Open Philanthropy. 💸 🟢 Horizontal, Vertical, and Cluster Approaches to Growth – A deep dive into innovative growth strategies with Aradhna Aggarwal, Shlomo (Solly) Angel, Piero Ghezzi, and Dr. Ahmed Khalid Benomar. Moderated by Jeffrey Mason. 🌐 🟢 Firms: Overcoming Barriers, Fostering Growth – Hear from Paddy Carter, James Foster, Brendan Mullen, and Radha Rajkotia, on how firms can drive economic growth. Moderated by Jonathan Mazumdar. 🏢 🟢 A Community of Growth Champions: Next Steps – Stephen Brien and leonard wantchekon discuss how to build a global community of growth champions and take forward the Summit’s momentum. 🔥 Day 2 is all about concrete initiatives and interventions to promote economic growth. Stay tuned for updates and insights! #GrowthSummit #EconomicGrowth #StructuralTransformation

🚀 The 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁 starts in TWO days! 🚀 We’re thrilled to kick off the first ever 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘂𝗺𝗺𝗶𝘁: 𝗥𝗲𝗰𝗲𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 on Thursday in Washington, D.C., co-hosted by Growth Teams, Charter Cities Institute, and the Center for Global Development! 🌍 Day 1 will feature leading voices from government, philanthropy, research, and the private sector: 🟢 Opening Remarks – Kartik Akileswaran, Mark Lutter, and Rachel Glennerster will set the stage for the Summit. 🟢 Recentering Growth: Why It Matters and What’s Been Overlooked – Stefan Dercon, Vera Songwe, Arvind Subramanian, and Hakim Ben Hammouda will dive deep into these questions. Moderated by Chema Triki.💡 🟢 Evidence-Based Action for Growth – How can rigorous research and data inform growth policies and actions? Eliana Carranza, Amir Lebdioui, Ken Opalo, and Kunal Sen will discuss, moderated by Shruti Rajagopalan. 📊 🟢 Fireside Chat: Taking Useful Action on Growth – A conversation with Lant Pritchett and Manish Sabharwal on actionable steps funders can take to support economic growth. 🔥 Day 1 is packed with bold ideas on why and how to re-center economic growth in the development dialogue. Stay tuned for updates and insights! #GrowthSummit #EconomicGrowth #StructuralTransformation

🚀 Want to drive growth? It’s time to scale up firms! Karthik Tadepalli’s insightful piece in Asterisk Magazine makes a powerful case: the path to prosperity in developing countries isn’t through band-aid solutions or abstract policy prescriptions—it’s through firms that grow. 🏭 Firms provide a focal point for concrete and measurable action to drive economic growth. Just look at the data: while a U.S. firm that survives 10 years typically triples in size, firms in countries like India see very little expansion, even after decades. This stagnation holds back broader growth. 📉 We need more large and high-growth firms in developing countries. They do more than create stable jobs, which are essential and in short supply—they export, adopt advanced technologies, and expand into new sectors, delivering widespread benefits to economies. 📈 At Growth Teams, we’re focused on removing the barriers that hold firms back. It’s why we’re dedicating a session to firms at next week’s #GrowthSummit. 🔑 https://lnkd.in/eTeyj_M6 #EconomicGrowth #Firms #GrowthSummit #JobCreation #StructuralTransformation

Last week, our MD Chema Triki participated in the 𝗗𝗖𝗘𝗗 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗲𝗺𝗶𝗻𝗮𝗿 𝟮𝟬𝟮𝟰 in Nairobi, organized in collaboration with Gatsby Africa and the International Labour Organization. ✨ She joined a dynamic panel titled "𝗔𝗿𝗲 𝘄𝗲 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝘂𝘀 𝗲𝗻𝗼𝘂𝗴𝗵? 𝗕𝗲𝗶𝗻𝗴 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝘃𝗲 𝗿𝗮𝘁𝗵𝗲𝗿 𝘁𝗵𝗮𝗻 𝗶𝗻𝗰𝗿𝗲𝗺𝗲𝗻𝘁𝗮𝗹" alongside James Foster (Gatsby Africa) and Ben Fowler (Marketshare Associates), moderated by Karen Kimami (Gatsby Africa). 🙌 The panel explored the need for bold, transformative approaches to drive real impact in development, moving beyond incremental steps. 🚀 Chema shared Growth Teams' perspective, discussing the importance of working with governments and the role of state capabilities in economic transformation, our approach to supporting governments in this process, and insights from our work across developing economies. 🌍 The Donor Committee for Enterprise Development (DCED) facilitates exchange among donors and multilateral agencies to enhance private sector development strategies. To learn more about the DCED Global Seminar, check out the event details linked in comments. 💡 #DCEDGlobalSeminar2024 #EconomicGrowth #TransformativeImpact #GrowthTeams #SustainableDevelopment