Browsing by Author "Caballero, Sybil"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Publication
    Business with Purpose and the Rise of the Fourth Sector in Ibero-America : The world will fail to achieve the Sustainable Development Goals — here's how purpose-driven companies can fix that
    (IE University, 2019-10-04) Rubio, Diego; Azevedo, Carlos; Blanco Estévez, Adrián; Berrelleza Rendón, Mildred Daniela; Caballero, Sybil; Cabral, Sandro; Castelao Caruana, María Eugenia; Godoy, Pedro de; Gutiérrez, Diana Carolina; Miranda, Paula; Pires de Almeida, Filipa; Sánchez Álvarez, César; Vasconcellos, Lígia; Zózimo, Ricardo; https://ror.org/02jjdwm75
    With stagnating growth rates, increasing inequality and unwavering pollution rates across the developing and developed world, it is clearer than ever that our current economic framework, developed late in the 19th century, is under severe stress. At the current pace, we will not meet the Sustainable Development Goals set in the 2030 Agenda, an agenda which explicitly relies on the commitment of the private sector to succeed. We must all contribute to rethinking the functioning of the market and give it a new purpose. Only thus will we find a new development trajectory. Our current three-sector social and economic model (government, private sector and NGOs) is the place to start. This division seems to imply that businesses cannot have any other purpose than maximizing profit and shareholder value. But, as our study shows, this is not true. A new Fourth Sector of the economy, made up of for-social benefit and purpose-driven companies, is rising both in the world and in our region of Ibero-America; a region where roughly 10 % of the world’s population lives. The Fourth Sector represents 6 % of the total economy of the seven countries we have studied (Argentina, Brazil, Colombia, Chile, México, Portugal and Spain), which, in turn, account for 87 % of total Ibero-American GDP. This new Sector employs almost 10 million workers annually. The reasons behind this rise are manifold, and in the present work many are discussed, including the birth of an innovative regulatory framework in some countries in the region. But we would like to highlight one in particular: the arrival of a new generation of consumers and entrepreneurs who, against all odds, have started to search for purpose beyond revenue. This, the fact that the rise of the Fourth Sector is partly organic, is very encouraging news. However, much more needs to be done. In this study, we set some guidelines of where action should be directed, and what policies should be enacted to make this new ecosystem thrives. Only if we succeed at carrying them forth will we be able to build that prosperous, inclusive and sustainable future to which our region is profoundly and explicitly committed. Only thus will our economies reflect the nature of our citizens’ values, and will we be able to address the deep challenges of the 21st century.  
  • Thumbnail Image
    Publication
    El cuarto Sector en Chile
    (IE University, 2019-11-14) Miranda, Paula; Caballero, Sybil ; https://ror.org/02jjdwm75
    Nuestra América Latina está llena de contrastes. Aun cuándo se comparten problemas similares — desigualdad, acceso limitado a una educación de calidad, altas tasas de deserción escolar, malnutrición, deficiente acceso a los sistemas de salud y bajos niveles de ingresos que no cubren necesidades básicas—, la manera cómo cada país aborda sus urgencias son muy diferentes. No hay una mirada homogénea que nos permita advertir la creación de políticas públicas o formas comunes de cómo resolver las crisis que atraviesan nuestros países. Un estudio del Banco Mundial (Negri,2016) plantea que algunos países han logrado reducir brechas de desigualdad, aumentar ingresos económicos y marcar la salida de la franja de la pobreza a partir de mejores prácticas desarrolladas desde “la prosperidad compartida que se mide por el crecimiento de los ingresos o del consumo promedio del 40% más pobre de la población”