Our fundamental approach is econo-centric, in that the first filter we use to differentiate is on the basis of the stage in development of the economies targeted. With this in mind, we have at the bottom of the pyramid: Low Income Economies with GDP per capita of less than US$ 3 000.
The GDP per capita is the fundamental but not the only indicator that we use. In accordance with the Global Competitive Index (as developed by the World Economic Forum), we have further extrapolated the global standing of Low Income Economies on the following and as follows:
- – Institutional development/maturity (very poor to poor);
- – Infrastructure (very poor to poor);
- – Macro Economic status (very poor);
- – Health and Primary Education (very poor);
- – Higher Education & Training (very poor to poor);
- – Goods Market efficiency (very poor to poor);
- – Labour Market Efficiency (very poor);
- – Financial Market Development (very poor);
- – Technological Readiness (very poor);
- – Market Size (very poor);
- – Business Sophistication (very poor);
- – Innovation (very poor).