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GL-CRSP News Article - 'Patient' Capital

Thomas Friedman, an editorialist for the New York Times, examines an alternate development focus for Africa: 'patient' capital

From the Thomas Friedman New York Times Op-Ed column, April 20, 2007: Thomas Friedman discusses the nature of African capitalism: "a wild, unregulated, informal, individual brand of capitalism," and the need to support development through 'patient' capital, capital demanding a lower rate of return, to encourage capitalists and spur long-term economic growth.



New York Times Article

'Patient' Capital Podcast

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