
In 2004, McCarthy made a visit to Ciudad Juárez, along the US-México border, as part of his executive MBA program. The city is home to more than 300 maquiladoras, which employ 1.1 million people. Maquiladoras are factories that import materials and equipment duty-free for assembly or manufacturing and then re-export the assembled product, usually back to the originating country; most of their employees live in slums.
After his visit, McCarthy couldn't shake the images of poor people living in slums, especially since most of those poor people work in factories and contribute directly to the area's robust economic growth rate (Juarez has an unemployment rate of less than 3%.)

McCarthy is here at Pop!Tech as part of the Social Innovation Fellows program; he got just 10 minutes on stage today to tell us about his work. Luckily, he was gracious enough to sit down with me afterwards for an extended interview about him, his work and housing for the base of the economic pyramid. Side note: PFNC and Brian McCarthy were recently featured by CNN; rather than re-writing it, I urge you to read it before reading this interview.
(This post continues past the break; click "Read More" for the rest of the article and the interview)


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