Despite its electoral promises, France’s new left-wing government is unlikely to have much leeway for spending the country’s way out of its economic doldrums. Instead, what France needs is a dose of more positive thinking at every level of society, according to French business consultant Emmanuel Bonnet.
Fledgling markets where investors and donors can fund enterprises with a social mission exist or are being launched in Brazil, South Africa and Mauritius. But a fully regulated stock exchange where investors can trade in the shares of social enterprises has yet to get off the ground. Stephen Brenninkmeijer, founder of social investment fund Willows Investments, explains why he is backing a London-based project along these lines.