Joseph E. Stiglitz
A major problem for institutional lenders is ensuring that borrowers exercise prudence in the use of the funds so that the likelihood of repayments is enhanced. One partial solution is peer monitoring: having neighbors who are in a good position to monitor the borrower be required to pay a penalty i...
Richard Arnott, Joseph E. Stiglitz
It is by now well-known that, in the presence of moral hazard or adverse selection, randomization of insurance premia and benefits may be Pareto efficient. This paper: i) provides a typology of the various forms that randomization may take;
Adrian Leftwich
Click to increase image sizeClick to decrease image size Notes 1. Atul Kohli, ‘State, society and development’, in: Ira Katnelson & Helen V. Milner (eds), Political Science: The State of the Discipline (W. W. Norton & Co., 2002), p. 117. 2. Dani Rodrik, ‘Growth strategies’, in: Philippe Aghion & Ste...
Scott Barrett, Karl-Göran Mäler, Eric S. Maskin
Preface I. INTRODUCTION AND OVERVIEW 1. Partha Dasgupta's Contributions to Environment and Development Economics II. FOUNDATIONS 2. Learning, Growth and Development: A Lecture in Honor of Sir Partha Dasgupta 3. Some Perspectives on Linked Ecosystems and Socio-Economic Systems 4. An Institutional Ana...
Antara Haldar, Joseph E. Stiglitz
This paper explores the current global turmoil in microfinance in the context of the problems that have arisen at SKS Microfinance in India. The authors argue that the roots of the current crisis lay in the attempt to scale-up the original “Grameen†model of microfinance set up in Bangladesh I or...
Tony Heron, Ben Richardson
Click to increase image sizeClick to decrease image size Earlier versions of this paper were presented to panels at the 2006 British International Studies Association annual conference, University of Cork, Ireland, and the 2007 International Studies Association annual conference, Chicago, Illinois, ...
Kaushik Basu, Ravi Kanbur
Amartya Sen has made deep and lasting contributions to the academic disciplines of economics, philosophy, and the social sciences more broadly. He has engaged in policy dialogue and public debate, advancing the cause of a human development focused policy agenda, and a tolerant and democratic polity....
Peter Marber
In 1968, at age 56, my grandfather had a heart attack. It surprised a lot of people. With a full head of hair, he was thin, youthful looking, and rarely sick. He received standard patient treatment for the time—prolonged bed rest and morphine. When he recovered, he continued his pre-attack lifestyle...
Md Imdadul Haque Sohag
The Cottage, Micro, Small, and Medium Enterprise (CMSME) sector serves as the definitive backbone of Bangladesh’s macroeconomic architecture, driving domestic industrialization, fostering grassroots entrepreneurship, and stabilizing local supply chains. Currently, this vital sector contributes appro...
Md Imdadul Haque Sohag
The Cottage, Micro, Small, and Medium Enterprise (CMSME) sector serves as the definitive backbone of Bangladesh’s macroeconomic architecture, driving domestic industrialization, fostering grassroots entrepreneurship, and stabilizing local supply chains. Currently, this vital sector contributes appro...
Md Imdadul Haque Sohag
The Cottage, Micro, Small, and Medium Enterprise (CMSME) sector serves as the definitive backbone of Bangladesh’s macroeconomic architecture, driving domestic industrialization, fostering grassroots entrepreneurship, and stabilizing local supply chains. Currently, this vital sector contributes appro...
Caf Dowlah
Priscilla Maria Villa Lhacer
O objetivo do presente trabalho é estudar porque o mercado de crédito não consegue atender de modo satisfatório a camada mais pobre da população, para a qual o crédito produtivo é uma importante fonte de geração de trabalho e renda. Essa análise é realizada à luz da teoria da informação, utilizada p...
Priscilla Maria Villa Lhacer
O objetivo do presente trabalho é estudar porque o mercado de crédito não consegue atender de modo satisfatório a camada mais pobre da população, para a qual o crédito produtivo é uma importante fonte de geração de trabalho e renda. Essa análise é realizada à luz da teoria da informação, utilizada p...
José Pablo Arellano, Alasdair I. MacBean, Ann Weston, Hazem El‐Beblawi et al.
First Things First: Meeting Basic Human Needs in Developing Countries. By Paul Streeten with S. K. Burki, M.ul Haq, N. Hicks and F. Stewart. Oxford University Press for the World Bank, 1982. Pp. xii + 206. £10 and £3.95. ISBN 0 19 520368 2 and 520369 0. The Political Economy of New and Old Industria...