Poverty

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Joseph Stiglitz - Globalization and International Development

In this audio interview, Asia Society President Vishakha N. Desai speaks with Nobel Prize winning economist and globalization "rockstar" Joseph Stiglitz on matters concerning international development. The conversation focuses on Stiglitz's concept of "the economics of information," and his latest book, Making Globalization Work. In this fascinating in-depth interview, Stiglitz discusses intellectual property rights, the shifting global balance of power, challenges facing Africa, and much more.

From Blue to Green

By Marcia Stepanek

The author reviews Jacqueline Novogratz's book The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World and draws insight from the book's in depth presentation of social enterprise.

Behind the Headlines

By Kelly Kleinman

Those advocating cuts in social services because there are already too many government-funded nonprofits are misguided.

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Romanticizing the Poor

By Aneel Karnani 17

Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful.

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Microfinance Misses Its Mark - Thumbnail

Microfinance Misses Its Mark

By Aneel Karnani 46

Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.

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In Microfinance, Clients Must Come First

By Srikant M. Datar, Marc J. Epstein, & Kristi Yuthas 20

Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans.

Romanticizing the Poor - Thumbnail

Romanticizing the Poor

By Aneel Karnani 17

Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful.