Category: Emerging Markets Investing
There are 28 entries in this category.
Feb 13, 2012
For my upcoming book, Experimental Conversations, I’m interviewing a variety of economists conducting field experiments on poverty interventions. Here’s the second excerpt from my interview with David McKenzie, an economist at the World Bank (and now prolific blogger at the World Bank’s Development Impact blog) who has been studying the dynamics of microenterprises. David’s goal is to better understand how profitable these firms are, why they don’t grow, and how we may be able to help put them onto a growth path.
Feb 08, 2012
Jun 20, 2011
Abhijit Banerjee and Esther Duflo, co-founders of the Jameel Poverty Action Lab and co-authors of the recent book Poor Economics are at the heart of the movement to seek rigorous evidence about the lives of the poor and programs that aim to help them. As they write in Poor Economics, they believe that “we have to abandon the habit of reducing the poor to cartoon characters and take the time to really understand their lives, in all their complexity and richness.”
Recently I had the opportunity to sit down with Banerjee and Duflo for an extended conversation about the small and big pictures that emerge from their research, their critics and their plan to change the world. In fact, the conversation was so extended that I’ve had to break it up into pieces. We’ll be publishing it in four parts over the next few weeks—the full interview will be available soon via Amazon Kindle.
In Part 2, we discuss the state of microcredit, how we missed the obvious issues, and how to finance micro-entrepreneurs.
Jan 25, 2011
Feeding the world’s poor today and in the future will require a major agricultural transformation. The problem is, very smart and informed people disagree on what that transformation should look like.
Nov 02, 2010
There was a huge amount of information and data presented at the recent Microfinance Impact and Innovation Conference. It was hard to take it all in, but thankfully there were a number of bloggers and other interested parties at the event who have provided summaries, interviews and reactions. Those posts are collected here for easy access and we’ll be updating the list as we go.
Aug 10, 2010
While Russia’s decision isn’t necessarily a sign of another rampaging food crisis, it is just another alarm bell about the state of the world food supply and how susceptible the system is to weather and government action. Ultimately, this is another data point on the priority of improving yields around the world, fighting the brown revolution with every tool we have, and ending the unjust and evil tyranny of developed world food policy.
Jul 30, 2010
Some conversations and reactions to my earlier post have made it clear to me that I need to clarify some points and my thoughts on Unitus and SKS.The key issue for me is not that something “wrong” was done; it’s certainly not that people are profiting by serving the poor. The key issue is how we as a society handle the cross-overs between the public interest and private interest. We debate these issues endlessly when it comes to economic stimulus, bailouts, and government contracts. It’s time for the social entrepreneurship sector to debate these issues too—and to come up with some very good answers that ensure the public maintains confidence in social enterprise as a way of solving our pressing problems.
Jul 28, 2010
There are some very real issues for the social entrepreneurship community raised by the SKS IPO and the Unitus shutdown. Issues that social entrepreneurs have, to date, been able to ignore. No longer. We are for the first time, I believe, seeing what the endgame for social entrepreneurship can look like. The social entrepreneurship space is still the wild west—everyone is making it up as they go along. I suspect that is going to rapidly change as the details about SKS and Unitus slowly trickle out.
Jul 28, 2010
Given that stories about the SKS IPO and the Unitus shutdown, how the two are interrelated and what it all means for the social entrepreneurship community are spread across the web, I thought it would be useful to publish a mostly comprehensive guide here. Please suggest anything that I’ve missed in the comments. I’ll add to it as I see new material.
Jan 07, 2010
Investors from countries with a lot of money but very little arable land—such as Saudi Arabia, South Korea and India—have purchased the rights to develop millions of acres for agriculture and export the yield for sale in their native countries. Observers implicitly conclude that the lease of Ethiopian land to foreign developers amounts to nothing less than exploitation of the poor by the wealthy. But does it have to be?