Jun 22, 2009

The Food Crisis, Hovering at the Margins,

A year ago the global food crisis was front and center in international circles. Today, you’d be hard pressed to find the phrase appear at all. But the problems so evident last year have not been solved, they’ve mostly just been displaced from their position at the top of the crisis list. With the rapid spread of Ug99 wheat stem rust, we could be facing a food crisis soon that utterly dwarfs the last two years.

May 24, 2009

J-PAL Publishes Long Awaited Microfinance Impact Study

Some readers may think the report is fairly damning to the marketing claims of the impact of microfinance—more studies like this in other areas and over longer periods are necessary before we can reject the traditional views though. Ultimately, though, this study is very good news for microfinance because it begins to illuminate what is really happening among borrowers. That information, in turn, can be used to improve the product to make sure that the best products are offered to clients—and the impact of microfinance can improve.

Dec 03, 2008

Cell-Phone-Assisted Development Gets a Real Boost

A recent study of cell phone use by grain traders in Niger adds evidence that cell phones can have a strongly positive development impact by improving information flow in markets. As a result buyers see lower average prices, while sellers get higher average prices. Nokia’s introduction of a low cost handset and Internet service in India may be one of the most promising development initiatives, public or private, of the late 2000’s. 

Nov 21, 2008

Interview: Roger Frank of Developing World Markets on the Credit Crisis and Microfinance

Attention in the financial markets has been focused on the struggles of developed world institutions. To date, there hasn’t been much coverage of the impact of the financial crisis on microfinance—either on the flow of new capital to microfinance or the impact on MFIs that have borrowed money in hard currency while making loans in local currencies. Roger Frank is a partner at Developing World Markets, an investment banking and asset management firm specializing in microfinance, and has a front-row seat as the credit crisis increasingly impacts emerging market countries and microfinance. Roger spoke with Philanthropy Action recently about how the credit crisis is affecting investors and MFIs.

Nov 03, 2008

Can Food Solve Everything?

Given the high-stakes now attached to agriculture in the form of both food inflation and global warming, China’s evolving agricultural policy will prove to be as crucial to the globe as America’s broken system has been over the last 25 years.

Oct 17, 2008

What Is It About Women?

There is no tenet of microfinance theory more fundamental than the focus on women. The marketing narrative is replete with reasons why a focus on women is sacrosanct. To quote Muhammad Yunus: “Women have greater long-term vision and are ready to bring changes in their life step by step. They are also excellent managers of scarce resources, stretching the use of every resource to the maximum.” And of course, we all “know” that women invest more in their households and children than men do. Get ready for a surprise.

Sep 26, 2008

Will Agricultural Yields Fall Off the (Water) Table?

A number of experts argue that the food crisis that dominated headlines this spring and summer has diverted attention from the far larger problem of groundwater depletion. Raising agricultural output is the natural solution to rising food prices and food shortages, but doing so without considering the impact on water supplies will make the problem worse.

Sep 16, 2008

Free and Fair Trade in Healthcare

Jul 16, 2008

An Emerging Markets Cellular Behemoth Means Opportunity

A company the size of a merged MTN and Reliance Communications would have the potential to make capital investments in infrastructure that could drive faster subscriber growth in emerging geographies. A larger and more exciting possibility is the possibility of using cellphones to dramatically lower the cost of small transactions.

Jun 04, 2008

Lagging Donations to Burma and China: A Warning to Non-Profits?

Roughly three weeks after the cyclone and earthquake, the Center on Philanthropy at Indiana University estimated that donations from Americans totaled less than $60 million, compared with more than $200 million given in the week after the Indian Ocean tsunami of 2004. Drawing valid conclusions about the cause behind these wildly disparate totals is difficult, but two main forces seem to be at play: where the disasters occurred and the American economic slowdown.