-
Transforming Microcredit After COVID-19: Why ‘Building Back Better’ Will Require a Radical Reboot of Local Financial Systems in the Global South
Microcredit advocates have expressed the expectation that the industry can play a major role in economic and social recovery in the Global South after the COVID-19 pandemic. But economist Milford Bateman argues that shifting these micro-lending programs into community-owned financial institutions would make a more substantial impact. He shares a roadmap for empowering community-focused economies, and explores how a plan modeled after elements of the U.S.'s New Deal could transform local finance.
- Categories
- Coronavirus, Finance
-
Analysis: Myanmar’s Coup Will Be ‘Painful’ for Already Struggling Economy, Analysts Warn
Myanmar's economy could take a significant hit following this week's military coup, analysts say, as the U.S. mulls fresh sanctions and foreign investors appear rattled — potentially putting billions of dollars' worth of business investments at risk for the Southeast Asian country.
- Categories
- Investing
-
When Economies Turn Down, Entrepreneurs Turn Up: How COVID-19 Has Spurred Nigerian Businesses to Build for an Inclusive Future
The COVID-19 crisis has devastated lives and livelihoods around the world. But as Eloho Omame at Endeavor points out, it has also re-shaped economies in more positive ways, revealing businesses' weak spots, areas for improvement and inefficient processes. She explores the impact this is having on Nigeria’s innovation ecosystem, where entrepreneurs have built or adapted business models that have saved lives, created jobs, and contributed to economic prosperity and the digitization of the economy.
- Categories
- Coronavirus, Entrepreneurship
-
Bangladesh Garment Suppliers Hit Hard by Late Payments
47 percent of businesses admit to paying suppliers late, data from the Tungsten Network and the Institute of Finance and Management (IOFM) revealed, as recently reported by Material Handling & Logistics News.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
-
IEA: Global Renewables Capacity To Grow in 2020 Despite Pandemic
Renewables will hit yet another global growth record in 2020 as the industry shows resilience in the face of COVID-19 impacts.
- Categories
- Coronavirus, Energy
-
Will China Help Ease the COVID-19 Debt Burden on Emerging Markets?
Debt management has become a key challenge for many emerging markets as the coronavirus pandemic continues, with major creditors debating the suspension and perhaps even reduction of debt.
- Categories
- Coronavirus, Finance, Impact Assessment
-
The Quest for Financial Inclusion in Sri Lanka
Financial Inclusion is essential for continuous and sustainable economic development, according to the IFC (International Finance Corporation). This is no exception for Sri Lanka despite showing strong numbers in bank penetration.
- Categories
- Finance, Technology
- Region
- Asia Pacific
Parent Organization
