Columbia International Affairs Online: Working Papers

CIAO DATE: 04/2015

The Bottom Line Investing For Impact on Economic Mobility In The U.S: "Insights from Abroad: Impact Investing in Emerging Markets"

Randall Kempner, Alexander Pan

December 2014

Aspen Institute

Abstract

From our perspective at ANDE, we have seen impact investing become an increasingly important tool used to support small and growing businesses in the developing world that are capable of creating jobs, stimulating long-term economic growth, and generating social impact. However, impact investing is still very much an emerging tool. If it is to scale and become a viable solution to social issues in the United States. There are several key lessons from the international context that the industry should consider.