1. International Labor Mobility: FAI affiliate Michael Clemens discusses one of “the most effective development policies evaluated to date” and why it’s being ignored by major aid agencies. The Huffington Post
2. Small-Dollar Credit: Nick Bourke of The Pew Charitable Trusts suggests tweaks to the CFPB's proposed small dollar credit regulations that will allow banks to compete with payday lenders with better options for borrowers (hopefully). American Banker
3. Poverty Alleviation: "All programs have room to improve. 'Pro-poor' programs actually strive to improve toward greater effectiveness. Transparency and accountability are not just about separating wheat from chaff; they are about improving.” NextBillion
4. Microcredit in India: The Reserve Bank of India recently issued small finance bank licenses to eight MFIs, signaling a "resurrection" in what was once one of the world's most troubled markets. Livemint
5. Labor Markets: Currently, 53 million Americans are in the "1099 workforce" (part-time workers, contractors, freelancers, etc.) and that number is growing. A new report outlines the benefits and financial challenges workers face when they operate outside traditional employment models. (Also - best report title EVER.) Core Innovation Capital
Editor's Note:
If you were hoping that the faiV would be a pleasant distraction from the overwhelming flow of AI-related content, sorry. For the record, the faiV had “ai” built in before Anthropic existed. And a housekeeping note: we’ve finally jumped ship from Mailchimp to NYU’s mailing platform—I guess if you’re reading this it’s been a seamless transition and if you’re not, well, you’re not. Feedback on the faiV’s content and format and delivery methods is always welcome, just drop me an email.
- Tim Ogden