This study uses empirical measures to describe the behavior of low-income populations as consumers and producers. In aggregate, their purchasing power suggests significant market opportunities. By quantifying...
This report begins with a guest editorial; by Djordjija B. Petkoski; V. Kasturi, Rangan; and William S. Laufer. The next 4 billion: characterizing Base of the economic pyramid (BoP) markets; by Allen...
Contents of the development outreach newsletter are as follows: business and poverty: opening markets to the poor by Petkoski, Djordjija B.; Rangan, Kasturi; and Laufer, William S.; the next four billion:...
Four billion low-income people, a majority of the world's population, constitute the base of the economic pyramid. New empirical measures of their behavior as consumers and their aggregate purchasing power...