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Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is le…
As currency bills are issued in denominations of thousands or hundreds of thousands, as economies return to barter, and as soldiers riot over their paychecks, people throughout the world are becoming painfully aware of currency instability. But West Africa has been subject to ch…
