The Economic Development & Opportunity Creation (EDOC) practice works with clients to bring large scale, sustainable improvements in economic opportunity and well-being to disadvantaged people in both developing and developed countries.
We focus our efforts by taking on projects that:
empower change-ready governments to drive effective economic development;
enable public and private donors to design impactful investments addressing the causes of poverty;
serve civil society organizations working on behalf of the poor towards their economic inclusion;
work with our private sector clients to determine where their activities can advance economic development and poverty alleviation; and
attract innovative partners and build coalitions to advocate change.
We pursue these interests through work with clients, knowledge development initiatives, and convening efforts.
Public-Private Partnerships as a Development Engine
McKinsey Quarterly (on-line edition), September 2005 Former Managing Director Rajat Gupta asserts in a speech at the United Nations that economic growth and the eradication of poverty depend on the private sector’s energy and drive as business is the engine of all successful development efforts.
The McKinsey Quarterly, 2004 Number 4 The UN Global Compact has become a major force prompting corporate social responsibility, but not enough U.S. companies are participating.
The McKinsey Quarterly Anthology, A New Era for Nonprofits (2001) By developing a low-cost distribution channel, an Indian nonprofit organization can deliver child education and nutrition programs for just a few dollars a child per year.
The McKinsey Quarterly Anthology, A New Era for Nonprofits (2001) Relief organizations have a mission close to home: improving their own efficiency and accountability.
