Journal of International Development Cooperation
Korea International Cooperation Agency
개발협력 이슈
A Brief Look at Impact Investment
Richard Biggs1
Published Online: Apr 01, 2019
I. Introduction
What will the world look like in fifty years’ time? What is the legacy we will leave to our children? Will our children’s children inherit a world bereft of social capital and ravaged by environmental crisis? Will the rapacious self-interest of the modern financial system and the guilty indifference of the post-modern individual ever serve the needs of the most vulnerable in society? Is there no way of harnessing the immense power of capitalism to solve some of these problems through market-based principles?