development
India should refuse UK development aid
The British debate on aid to India, triggered by a rejection of the UK’s Typhoon aircraft, is very short-sighted. India should unilaterally preempt it by banning aid from Britain. You keep your aid money, we will keep our freedom to make our own decisions which we gained when you left the country in 1947.
The OLPC (should be) Dead, Let Live the Aakash
The OLPC project will launch its third iteration at this years CES, but 6 years after launch it may still not reach the elusive USD 100 target. Meanwhile, a small startup in Canada has orders to ship 2 million of its USD 50 tablets to Indian consumers. It is time the OLPC was put to rest.
A literature review of the impact of microfinance
We may only just have seen new studies looking at the impact of microfinance. But the topic is not new. This literature review presents a short selection of studies on microfinance, its context, and its impact on the poor.
Why microsavings might be better
Microsavings seem to do much the same for the poor as microcredit (i.e. smooth consumption and investment). But they might do so at a lower cost, and bring additional benefits as well.
Microfinance is Growing Up
The failure in microfinance has been that it has for too long believed in its own rhetoric of poverty alleviation. Now that research proves otherwise, the debate is no longer about what impact microfinance has on society, but how society can use microfinance as a business.
OLPC Lesson Part 2: Don’t Take Negroponte Seriously
Here is another lesson to be drawn from the experience of the OLPC XO series. Don’t take Nicholas Negroponte seriously. Even he doesn’t.
The World Bank: Inventor of Last Resort?
Financing for global public goods remains dangerously low. Yet the Gates Foundation shows there is a case for an international institution to invest in the needs of developing countries. Subramanian suggests the World Bank should do this – will the developed world agree?
Time for Caution in Financing Microfinance?
The WSJ report of too much microfinance raises a dangerous parallel with the subprime crises. It is time that social investors scaled back their optimism on the impact of microfinance and its investment potential. As this crises has shown, endless growth cannot be without consequence.
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