May 10, 2013
Stories from around the web that we've been reading here at FAI. Tell us if we've been missing any must-reads via comments.
Half of the adults in the world are “unbanked” -- about 2.5 billion people. That’s the starting point of a new book, Banking the World: Empirical Foundations of Financial Inclusion, published by the MIT Press.
Program evaluations and policy proposals are only as good as the data upon which they are based. Although we all know this to be true, discussions about the reliability of data, especially self-reported data, have only recently emerged in the field of development economics.
April 30, 2013
April 26, 2013
A guide to articles, papers and blogs we've been reading (and a few we've been writing) over the past few weeks. Let us know if we've missed anything important via the comments section.
A regular theme in our writing is about the need for the microfinance industry to learn from and adapt to the needs of poor households. A few weeks ago, a new paper appeared based on an interesting attempt to test whether MFIs are interested in generating and using rigorous evidence.
It's an important moment for the microfinance movement. At a time when real progress has been made in making financial services available to the poor, questions abound about the effectiveness of microfinance as a way of helping people escape from poverty. The priveleged position microfinance has enjoyed among poverty interventions and social investment is eroding. Charting the right path forward for microfinance--and effective investments in reducing poverty--requires a closer look at how microfinance really has worked.
April 22, 2013
Muhammad Yunus spoke to an overflowing crowd at NYU on April 15, an event jointly sponsored by the Wagner School of Public Service, Stern School of Business, and Financial Access Initiative.
April 17, 2013
Timothy Ogden and Economist Rohini Pande discuss how standard microcredit may undermine business investment in this FAI Video interview.
Transcript of the Conversation
April 15, 2013
We had the good fortune to host, with NYU-Wagner and NYU-Stern, a talk by Muhammad Yunus today at FAI. If you couldn't join us in the room or via the livestream, you can read the tweetstream from the talk by searching Twitter for #FAIYunus, and soon we'll post video of the event.