Poverty

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Dr. Christopher Elias - Advancing Technology to Improve Health

PATH (Program for Appropriate Technology and Health) is a nonprofit organization designed to ensure that the benefits of innovation in science and technology are available to developing countries and remotely located, low-income groups. In this audio interview, host Sheela Sethuraman speaks with Dr. Christopher Elias, president and CEO of PATH, about the PATH's origins, accomplishments, and challenges.

David Funkhouser - TransFair’s Work in Fair Trade

Coffee price fluctuations over past decades have created extreme financial crises and long-term poverty for thousands of small-scale Latin American farmers. In this Stanford Center for Social Innovation sponsored audio lecture, David Funkhouser of TransFair USA, details how the Fair Trade movement arose as a market-based approach to poverty alleviation and international development. He discusses Fair Trade's function to offer suppliers fair, above-market prices, and TransFair's role in supporting that movement.

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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.

In Microfinance, Clients Must Come First - Thumbnail

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.