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

“What has evolved instead...are ‘informal spaces’ and a ‘makeshift economy’ in which people hustle a living in the absence of formal jobs. The gap between the education and ambitions of millions of young people...has fostered generational frustration and, in some cases, political movements that are challenging failing authorities.” 💡 A thought-provoking new article on African youth and cities from the Financial Times. 🚨 By 2030, 47% of Africans will live in cities. But urban growth isn’t translating to opportunity. Slums outpace infrastructure. Degrees don’t guarantee jobs. Protests erupt as youth demand accountability. ⚡ In the face of these challenges, youth are providing optimism and energy in cities across Africa. These cities, in turn, need to provide them with productive avenues to contribute to the economy. Link in the comments. Let us know your thoughts! ⬇️ #Urbanization #YouthEmployment #JobCreation #FutureofCities

"𝗣𝘂𝗯𝗹𝗶𝗰-𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗱𝗶𝗮𝗹𝗼𝗴𝘂𝗲 𝗶𝘀 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹𝗹𝘆 𝗼𝗻𝗲 𝘄𝗮𝘆 𝘁𝗼 𝗱𝗲𝘃𝗲𝗹𝗼𝗽 𝘁𝗵𝗲 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱 𝗳𝗼𝗿 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗽𝗼𝗹𝗶𝗰𝘆." A new post from The World Bank Economist Tristan Reed highlights how effective two-way communication between governments and firms is essential to developing new industries and creating jobs. Through this public-private dialogue: ✅ Firms reveal constraints ✅ Governments shape policy ✅ A feedback loop enables adjustment and improvement Lessons from across countries, including Cambodia, Peru, and Tunisia show that specific practices–small trusted groups, dedicated technical staff, and regular meetings–make this collaborative process effective. Link in the comments. Let us know your thoughts! ⬇️ #IndustrialPolicy #EconomicGrowth #Jobs #Institutions

🔹 We’re excited for this launch event and the forthcoming living literature review on #FDI! 🔹 👏 Great to see VoxDev spotlighting this crucial area for industrialization, structural transformation, and job creation. 🌍 📅 Online event next Wednesday, February 12th at 13:00 GMT 📢 

🌍💡 The Importance of Growth for a Human Well-Being 💡🌍 "Is most of the world at a state where growth has ceased to be important for achieving human well-being? The answer is no, nowhere near" Our advisor Lant Pritchett recently did a thought-provoking interview with VoxDev, where he emphasized how powerful growth can be for increasing human well-being in low- and middle-income countries. He also highlighted inclusive economic growth and state capability as the most critical issues in development to study and work on in the coming decades. We at Growth Teams are proud to be working at the intersection of these two critical topics. If you're passionate about promoting development, this is a must-listen! 📖✨ Link in the comments. Share your thoughts below! ⬇️ #EconomicGrowth #DevelopmentEconomics #GlobalImpact Chema Triki Jonathan Mazumdar Enock Kivuyo

💡 Reflections from the Growth Summit 💡 Looking back at the Growth Summit in October, James Foster, from our partner Gatsby Africa, shares how he has drawn on the 2-day event to shape the organization's engagement with the Government of Tanzania--a collaboration that Growth Teams is thrilled to be supporting. Highlights from the Summit that we're leveraging in this work include: 🔑 Economic vision with priority actions 🔑 Small, dynamic, and empowered teams in government 🔑 Problem-driven collaboration between the public and private sectors 🔑 Effective coordination across government #EconomicTransformation #StructuralTransformation #EconomicGrowth #InclusiveGrowth #JobCreation #GrowthSummit #Tanzania https://lnkd.in/ggCQxr-d Kartik Akileswaran Chema Triki Jonathan Mazumdar Center for Global Development Charter Cities Institute Lindi Hlanze Development Economist

At Growth Teams, our mission is for all people in developing countries to attain economic prosperity. With your support, we partner with governments to unlock industries, create formal jobs, and drive the broad-based economic growth that transforms lives. This #GivingTuesday, join us in making this vision a reality. Support our mission today: https://lnkd.in/ebZxTAYz

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.