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The Implications of Scarcity for Microfinance: Grameen Foundation’s Alex Counts, on how understanding scarcity’s impact can improve microfinance practices
Behavioral economics could transform international development, says Grameen Foundation CEO Alex Counts. In some cases, it may reaffirm current practice. In others, it could suggest that these “best practices” are counter-productive. In this thought-provoking post, Counts explores the implications of scarcity for microfinance, when looked at through a behavioral economics lens.
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- Education
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The Power of Heuristics: New white paper from ideas42
In a new paper by ideas42, Antoinette Schoar and Saugato Datta argue that using heuristics (effective rules of thumb) can “enable people to make ‘reasonably good’ decisions without needing to understand all the complex nuances of the situation.” ideas42 is building on their findings to develop financial heuristics programs for microentrepreneurs around the globe.
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- Education
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Can telcos predict Mobile Money hotspots?
A study by CGAP looks at the relationship between voice call routes and money transfer, trying to help telcos focus their investment in mobile money solutions.
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- Education
- Region
- Sub-Saharan Africa
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Microfinance as a tool for empowering conflict-affected communities
At a recently-held seminar organised by the Pathfinder Foundation in Colombo, a paper and three presentations were publicised under the theme ‘microfinance as a tool for empowering conflict-affected communities’.
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- Education
- Region
- South Asia
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Contemplating Scarcity: Grameen Foundation’s Alex Counts on how the phenomenon of scarcity impacts microfinance and poverty alleviation
Alex Counts, president and CEO of Grameen Foundation, discusses new research on the phenomenon of scarcity – how having too little of anything important to the human experience can impact policy and practice in microfinance and poverty alleviation.
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- Education
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Corporate social responsibility and India Inc: IT leads, finance lags
Reporting on corporate social responsibility has been undertaken by almost three quarters (73 percent) of large Indian companies, led by the IT sector, shows a new survey by KPMG.
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- Education
- Region
- South Asia
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Doctors Without Borders Pioneers Opening Up Access to Humanitarian Data
Médecins Sans Frontières (MSF) is pioneering an open-access approach within the humanitarian sector in the hope that other medical aid organisations will follow suit.
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- Education, Health Care, Technology
- Region
- Sub-Saharan Africa