Category Archives: Bottom of the Pyramid

The Great Informalisation: About 50% of Indian GDP from unorganized sector

From a special report on India’s economy It might surprise some to know that most of the debates on labour issues in India, including the provision of social security & workplace challenges, actually revolve only around 7% of the total … Continue reading

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Global prepaid vs contract subscriber numbers – Mobile Economy 2013

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Promoting Africa’s Informal Sector

Organising the informal sector and recognising its role as a profitable activity may contribute to economic development. This can also improve the capacity of informal workers to meet their basic needs by increasing their incomes and strengthening their legal status. … Continue reading

Posted in Africa, Airtime, Alternative currency, Assumption filter, Banking, Bottom of the Pyramid, Business Models, Buyer Behaviour, Cashless transactions, China, Economy, Flexibility, global, India, Indigenous & Traditional, Informal & Flexible, Kenya, Migrant worker, Mobile platform, Rural, Sub Saharan Africa, User research, Value | Tagged

Snippets of note

The fifth most important barrier to financial inclusion is individual level informality, a constraint cited by 15 percent of the unbanked population in Nigeria. Respondents who cite informality reasons for financial exclusion tend to be more educated and rurally based … Continue reading

Posted in Africa, Airtime, Banking, Bottom of the Pyramid, Business Models, Cashless transactions, Economy, Flexibility, Indigenous & Traditional, Informal & Flexible, Rural, Sub Saharan Africa, User research

In sum

Irregular income streams from a variety of sources pose their own challenges to both buyers and sellers but offer an opportunity through the flexibility designed into business models for the informal economies where this pattern of cash flow tends to … Continue reading

Posted in Alternative currency, Assumption filter, Banking, Bottom of the Pyramid, Business Models, Buyer Behaviour, Cashless transactions, Design, Flexibility, global, Income, Informal & Flexible, Strategy, User research, Value | Tagged , , , , , , ,

Static income vs dynamic income

It was when attempting to clearly distinguish between patterns of cash flow in the formal vs the informal economy, using the concept of the degree of control granted to the end user over the variables of time (duration, frequency, periodicity) … Continue reading

Posted in Airtime, Alternative currency, Assumption filter, Banking, Bottom of the Pyramid, Buyer Behaviour, Cashless transactions, Flexibility, Income, Informal & Flexible, Rural, User research, Value

Who is Farmer Pedro?

If we were to arrive at a synthesized view of your average subsistence farmer, lets call him Pedro, how would we describe him? What is Farmer Pedro’s story? He grows enough to keep body and soul going, his first priority … Continue reading

Posted in Africa, Assumption filter, Bottom of the Pyramid, Buyer Behaviour, Cashless transactions, Flexibility, Indigenous & Traditional, Informal & Flexible, Rural, User research

Reflecting on The Informal Economy, October 2012

John Keith Hart, who first saw the economic activity of the “unemployed” in Accra, Ghana back in the beginning of the 1970′s, almost exactly 40 years ago, opened the symposium with the statement that the informal economy had gone mainstream. … Continue reading

Posted in Alternative currency, Assumption filter, Banking, Bottom of the Pyramid, Business Models, Cashless transactions, Economy, global, Indigenous & Traditional, Informal & Flexible, Kenya, Mobile platform, Strategy, User research, Value | Tagged , , , , | 1 Comment

Risk mitigation strategies in the uncertainty of the informal economy

What is the role of flexibility as an inherent design principle for transactions in the informal economy? Why is it so critical to the success or failure of business models in this operating environment? What does flexibility primarily tend to … Continue reading

Posted in Assumption filter, Banking, Bottom of the Pyramid, Business Models, Buyer Behaviour, Cashless transactions, Economy, Indigenous & Traditional, Informal & Flexible, Rural, User research, Value

The Informal Economy Symposium, Barcelona on October 12th 2012

Our aim with this symposium is to explore the global scope, innovations and potential futures of the informal economy. Opening Keynote will be John Keith Hart, who coined the term “informal economy” and the day long symposium on the 12th … Continue reading

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