Articles and blogs that we found interesting this week include:
- Interesting piece of behavioral psychology re: The Emotions of Aid [and our choice to ignore massive suffering].
- Ignacio Mas and Promoting Formal Financial Savings –another cautionary note on savings and an interesting companion Tim Ogden’s “Is Savings Over-hyped” recent post on FAI.
- Unhappy news about one of India's great microfinance innovators, which is on the verge of closure.
- The Poverty Matters Blog on linguistic shifts from the use of “aid” to “development co-operation” –and what it means.
- Four obvious but wrong assumptions about technology use in the developing world.
- McKinsey Quarterly new report: Mobile India could lead the world.
- CGAP presents a roadmap to India's microfinance bill.
Editors’ Note: Hi, Laura and Jonathan here. A few of the pieces this week come from people who spent years up close with how poor households actually handle money, and keep coming back with something more tangled than the story usually told, and more persistent. Tim will be back for the next edition. - Laura Freschi and Jonathan Morduch