ISLAMABAD – Forbes, a global media company that focuses on businesses,investments and entrepreneurship, has termed Pakistan’s improvement in thesocial entrepreneur sector as “remarkable”.
The country’s overall ranking as a favourable country for socialentrepreneurs has improved from 32nd place to 14th in the last three years,according to a recent survey by Thomas Reuters Foundation and DeutscheBank’s CSR Made For Global Good.
According to Forbes, “The nation’s comeback in this category is aremarkable feat given the country was ranked at 30th position in 2016. Theimprovement of livable income may be because Pakistan has become a moreopen market for do-good companies to sell to the general public.”
The top ten best countries for social entrepreneurs include Canada,Australia, France, Belgium, Singapore, Denmark, Netherlands, Finland,Indonesia, and Chile.
The United States stood at 1st position in 2016 but its position declinedto 32nd in this year’s survey, lagging in most categories. According toForbes, it is the biggest upset of the year.
Read Top Stories
In terms of the best place for social entrepreneurs to live, Pakistan hastied with developed countries like Canada, Australia, and Finland.
Ease of accessing investment and women in leadership positions are the twomajor factors that have helped Pakistan garner the first place in making aliving for social entrepreneurs.
The data for these rankings were collected from 664 experts–with at least12 from every country. The experts came from a variety of fields includingacademics, investments, policymaking, and social entrepreneurship.
