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Portfolios of the poor: how the world's poor live on $2 a day

Authors

Unknown
Published InChoice Reviews Online
Year2009
Citations963

Abstract

About forty percent of the world's people live on incomes of two dollars a day or less. If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to explain systematically how the poor find solutions.The authors report on the yearlong diaries of villagers and slum dwellers in Bangladesh, India, and South Africa--records that track penny by penny how specific households manage their money. The stories of these families are…
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