YaleGlobal’s Bardhan suggests China and India’s poverty reduction miracle may have less to do with economic growth and globalization than previously thought.
In a comprehensive article on the reputed Stanford Social Innovation Review (SSIR), Aneel Karnani debunks all the hoopla surrounding microfinance. His conclusion is clear – “microfinance doesn’t cure poverty.”
I have written a lot recently on inequality – in India and in Asia. The basic point has been the same – that inequality is bad from a social and moral point, but (as the ADB argues in its report on Asia) also from an economic point of view. In the same vien I pulled [...]