Inclusive business is starting to be seen as a way of addressing these problems. Public social policy is beginning to address the issue, through the recently-established Department for Private Social Investment within the institution responsible for carrying out the strategy for overcoming poverty. This report explores this rise of inclusive business throughout Colombia – in its policy, institutions and businesses.The purpose of inclusive business is to contribute to overcoming poverty and improving the living conditions of poor, vulnerable and marginalised communities. The challenge goes beyond simply including poor people in value chains. Inclusive business requires a broad perspective on poverty, and in particular an understanding of how it is associated with market inefficiencies.
Achieving the purpose also implies a concern for human dignity and for broadening processes of participation. The mechanisms for doing this are: access to products and services related to basic needs, and access to opportunities for income generation through participation in value chains.
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