World of Opportunity
Bringing Sustainable Business to Fragile Economies
by Yusuf Amdani
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Pub Date Sep 12 2023 | Archive Date Sep 12 2023
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Description
When workers can grow and thrive, fragile economies become more stable.
Not one to shy away from developing countries, Yusuf Amdani has laid a path for other investors to follow. Originally from Pakistan, Amdani moved to Honduras at a time when few international players paid attention to the Central American country. Amdani’s quick eye and keen business savvy paid off. Today his company has grown and expanded into other Central American countries, along with the Caribbean, United States, Pakistan, and beyond.
Moreover, Amdani’s initiatives provide an example of how to create opportunities in developing countries. In his book, he relates lessons he’s learned along the way and extends an invitation to anyone interested in investing in fragile economies. His methods paint a roadmap designed to grow the middle class, reduce migration, promote sustainability, improve healthcare, and provide education to all.
As the chapters unfold, Amdani begins with deciphering between token efforts of charity and real impact. To make a difference, he explains, companies can research and understand the needs of society. They can collaborate with local leaders and organizations to implementing long-term, sustainable programs. When looking for a location, Amdani covers the factors that indicate a labor force with potential and conditions that are ready to scale. Sustainable practices serve as an umbrella over the business plan, guiding the investments and seeking ways to continually improve the environment.
To create a transformation in an area, Amdani shares the need to envision the change. Then investors can look for an initial step to move in that direction. Bringing on staff who share the dream leads to a team that works hard to achieve their goals, and collectively celebrates the wins.
Working in developing countries often means facing conditions such as poverty, vulnerable populations, poor educational infrastructure, and high levels of crime. Amdani deciphers strategies to overcome challenges and break down barriers that so often divide the “haves” from the “have nots.”
Up-and-coming trends, including technology advancements and remote work possibilities, present new opportunities for workers in developing countries. Amdani describes how to lean into the high demand for tech workers and offer training programs for individuals to learn and participate in the industry. At every step, there are ways to collaborate further, with an eye toward a greener future and a multiplying effect that creates an even greater impact.
Together, he says, we can build a better tomorrow.
Featured Reviews
This book is a good read for anyone working in developing countries- and I loved that the author shared views and experiences working in these countries-from the political position, economic position and also cultural position-the fact that often when we meet new people and new communities, it is important to involve them in decision making and implementation of solutions.
The format itself, makes this easy to read and if you are looking for a specific chapter-it is easier to navigate on that. I appreciated the author's efforts in breaking down the difference between charity and real impact.
His insights into labor force, migration and poverty-got me thinking of some of the policies and laws in my country, Kenya, that contribute to the economy.
I would recommend this to anyone interested in sustainable development and above all, one who wants to put developing countries first- in setting their agenda.
Thanks Netgalley for the eARC.