Georgia Levenson Keohane
Capital and the Common Good
How Innovative Finance Is Tackling the World's Most Urgent Problems
Columbia UP, 2016
Aperçu
Government aid isn’t the only way to assist the poor. Add financial innovation and the “visible hand.”
Recommendation
In this guide to using high finance to address the world’s ills, Georgia Levenson Keohane, executive director of the social-issues-oriented Pershing Square Foundation, comes across as both an idealist and a pragmatist. Keohane explains how financial innovators can help the world’s poor through such instruments as microfinance, microinsurance, green bonds and “vaccine bonds.” She calls for a “visible hand” that takes a middle path between government intervention and free market capitalism. getAbstract recommends Keohane’s smart, encouraging report to financial professionals and to readers interested in fresh approaches to beating poverty.
Summary
About the Author
Executive director of the Pershing Square Foundation Georgia Levenson Keohane is a professor in Columbia University Business School’s Social Enterprise Program.
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