For example, at the recent evidence summit on broad based growth held on december 9 10, 2010. Roodmans powerpoint slides used in this and presumably other presentations can be. Exploring the financial inclusion blog community center for. Jul 06, 2010 sucharita mukherjee and kirthi rao talk about the importance of quality of underwriting standards in microfinance institutions. Reflections on the kiva story center for global development.
He attempts to bring intellectual rigor to the analysis of the impact of financial services, and isnt afraid to ruffle a few feathers in the process. David had already been working on a book about microfinance that was going to be very influentialhis open book blog as a whole is a remarkable contribution. Dec 27, 2011 readers of david roodmans microfinance open book blog will immediately recognize his thorough, straightforward, and trenchant analysis of whether microfinance is the boon many think it is. Kiva is not quite what it seems center for global development. David had already been working on a book about microfinance that was going to be very influentialhis open book blog as a whole is a. Chowdri, microfinance clients in the state are borrowingcontinue reading. His claim of a very high ranking among the worlds economists is a prominent feature of his biographies. They have widely disseminated their contrary results via roodmans microfinance open book blog and other means1. A voice of reason amid the sound and fury of the microfinance. Consider what microfinance looked like back in 2009, when david started his open book blog.
Other women had jumped in previous marathons and completed it, but without registering and without numbers on their jerseys. Kivas webbased microfinance growing up by joe rubin. Also, download the detailed debate notes, which include a list of resources mentioned during the debate or are relevant to the topics discussed. Microfinances limits as a solution to poverty time. The new microfinance handbook fills a critical gap in the current literature on financial inclusion. In return, the family receives a photo and an update at least once a.
The bank s founder, muhammad yunus, won the nobel peace prize in 2006 and is probably the third world s most celebrated economist. Roodmans assessment is far afield from the enthusiasm microfinance programs have generated since the first institution for them, the grameen bank in bangladesh, opened in 1976. Haein lim page 3 blogal prosperity by the center for. This sunday im going to have another opportunity to visit plant with purposes work in haiti.
Poverty matters blog global development a voice of reason amid the sound and fury of the microfinance debate. View david roodmans profile on linkedin, the worlds largest professional community. His book roodman 2011 bio says that in 2011, roodman ranked in the top 10 in. David roodman is a research fellow at the center for global development and author of david roodmans microfinance open book blog, where he his sharing his notes on and content of a book on microfinance we have consistently found his discussions to be evenhanded, thorough, and clear, especially in terms of what should and shouldnt be considered evidence of impact. On cgds main blog, julia clark and i just posted a ranking of noted american think tanks based on their ability to generate public profile. Aug 05, 2015 i never actually worked in the field, but there was a pretty long period in my 20s when i hung out a lot with a whole lot of really poor people on a regular basis, the end of which coincided with a lot of time spent reading david roodmans open book blog. Kiva ceo and cofounder matt flannery responds to roodmans recent critique of the. David roodmans microfinance open book blog showcased the ability of the internet to host an informative debate on whether microfinance is an example of schumpeterian successaid building a thriving, disruptive industry that enriches the institutional fabric of nationsor a schumpeterian dead endan unfortunate workaround for the failures of mainstream financial. Heretic confesses david roodmans microfinance open book blog. The following submission is crossposted from david roodmans microfinance open book blog. Open phil is a partnership of the charity evaluator givewell, started by holden karnofsky and elie hassenfeld, and the foundation good ventures, cofounded by cari tuna and her husband dustin moskovitz, himself one of the creators of facebook.
David roodman combines intelligence, honesty, and a sense of humor. Microfinance david roodmans microfinance open book blog. Feb 16, 2012 alex counts, grameen foundations president and ceo, calls david roodmans new publication the best book i have ever read about microfinance. It makes small loans known as microcredit or grameencredit to the impoverished without requiring collateral grameen bank originated in 1976, in the work of professor muhammad yunus at university of chittagong, who launched a research project to.
After releasing and blogging a paper in december about the givewell. Now that the book has been released, i hope he will continue to blog on relevant issues. Grameen bank originated in 1976, in the work of professor muhammad yunus at university. Roodman is a fantastic journalist and a delightful writer. Grameen tweet 23 the persecution of an imperfect man january 29, 2011 lydia polgreen has just posted if i can use that verb a story for the new york times on the political controversy around muhammad yunus. A number of commenters have asked me to weigh in on the lively debate that emerged from david roodmans microfinance open book blog about transparencynot only on kiva, but really about all attempts to make philanthropy more direct, starting with the pioneering efforts of save the children in 1940 ive hesitated about weighing inmostly. Readers of david roodman s openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. But i think if you are going use statistics to show that. A number of commenters have asked me to weigh in on the lively debate that emerged from david roodmans microfinance open book blog about transparencynot only on kiva, but really about all attempts to make philanthropy more direct, starting with the pioneering efforts of save the children in 1940. David roodmans conversation with jonathan morduch is coming up tomorrow.
The technical issues and academic back and forth are fascinating, and i look forward to roodmans reply. Follow an interesting discussion on microfinance and kivas role on david roodmans microfinance open book blog. January 5, 1947 was the first woman to register as k. A woman signs a register to receive a loan from a microfinance lender. And because everyone was wonderfully friendly and open and we set no ground rules. This week i have been reading about the new developments in the russian microfinance market that have taken. Week of october 11, 2019 financial access initiative. Now i work for the open philanthropy project, which provides. Roodmans book tones down the hysteria around microfinance, and is a must read for.
I never actually worked in the field, but there was a pretty long period in my 20s when i hung out a lot with a whole lot of really poor people on a regular basis, the end of which coincided with a lot of time spent reading david roodmans open book blog. This time, phil takes up the initiative and introduces a series he has particularly enjoyed. For one, questioning the impact of microfinance on clients. Will your microfinance or financial inclusion initiative work. The book is exactly what i want in that one, definitive book about a subject. Famous russian scammer is expanding into the area of microfinance. Where does latin americas microfinance industry stand. The series series recommends series at related blogs. One of the things that make blogs particularly interesting are series. This map, from interaction, is a pretty amazing resource and allows you to search and discover what organizations are doing relief and development work all over the world. Oct 22, 2009 a number of commenters have asked me to weigh in on the lively debate that emerged from david roodman s microfinance open book blog about transparencynot only on kiva, but really about all attempts to make philanthropy more direct, starting with the pioneering efforts of save the children in 1940. The new microfinance handbook open knowledge repository. David roodman senior advisor open philanthropy project. Research division of the federal reserve bank of st.
Global implications of market concentration featuring denise hearn, coauthor, the myth of capitalism jonathan tepper, coauthor, the myth of capitalism sarah miller, deputy director, ope. But i would also love to hear some discussion on how this debate continues to inform our understanding of microfinance, particularly now that results from randomized evaluations are becoming available. To compare compartamos to its mexican peers on price, read this next. Will your microfinance or financial inclusion initiative. See david roodmans postdebate post on his blog microfinance open book blog and milford batemans response. David roodmans microfinance open book blog this blog was an important part of the creation of roodmans new book due diligence which looks incredibly interesting. The paper is postured as a rejoinder to steven pinker. The banks founder, muhammad yunus, won the nobel peace prize in 2006 and. One is child sponsorship, which save the children pioneered in 1940.
I have told how a question last fall from filmmaker tom heinemann prompted me to measure the grameen banks interest rate as sharply as i could. Review of due diligence, by david roodman the givewell blog. Roodmans work in general weve previously interviewed him for our blog, discussed his research and quoted him for a testimonial, so we were eager to read this book. May 27, 2010 david roodmans microfinance open book blog showcased the ability of the internet to host an informative debate on whether microfinance is an example of schumpeterian successaid building a thriving, disruptive industry that enriches the institutional fabric of nationsor a schumpeterian dead endan unfortunate workaround for the failures of mainstream financial systems to serve the. I know most about economic development in poorer countries. David roodmans microfinance open book blog showcased the ability of the internet to host an informative debate on whether microfinance is an example of schumpeterian successaid building a thriving, disruptive industry that enriches the institutional fabric of nationsor a schumpeterian dead endan unfortunate workaround for the failures of mainstream financial systems to. This is the first in a series of articles by the authors on the topic unearthing the real issues in microfinance. Chowdri, microfinance clients in the state are borrowing from as many as 6 mfis and many local. Views expressed do not necessarily reflect official positions of the federal reserve system.
Deforestation and global poverty 1162015 the bible and environmental stewardship class at wheaton college 11815 ethnos church, san diego, ca 12915 kellogg. Oct 02, 2009 david roodman is a research fellow at the center for global development and author of david roodmans microfinance open book blog, where he his sharing his notes on and content of a book on microfinance. Siddharta chowdri, accion international country manager for india, on david roodmans microfinance open book blog, it was pointed out that borrower delinquency has become a problem faced by all mfis in the indian state of karnataka. Roodman s assessment is far afield from the enthusiasm microfinance programs have generated since the first institution for them, the grameen bank in bangladesh, opened in 1976. In the new post and the report, i trace this number in part to an obscure book of scientific scholarship.
Sucharita mukherjee and kirthi rao talk about the importance of quality of underwriting standards in microfinance institutions. Due diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for. This is the book to read about microfinance, specifically microcredit. Aug 20, 2015 david roodmans conversation with jonathan morduch is coming up tomorrow. Roodmans law of instrumental value center for global. Compartamos, interest rates, tom heinemann does compartamos charge 195% interest. Center for global development, david roodmans microfinance open book blog, april 29, 2011. Exploring the financial inclusion blog community center. For a study to teach us about the world, the assumptions on which it rests must be more credible than the assumptions that it tests. Ive written about microfinance, third world debt, environmental taxes, the impact of foreign aid, quantifying trade barriers, the importance of policies other than foreign aid for development, and more. Jan 06, 2012 poverty matters blog global development a voice of reason amid the sound and fury of the microfinance debate. David roodmans microfinance open book blog center for global. Tax policies to promote private charitable giving in dac countries, working papers 82, center for global development.
Readers of david roodmans microfinance open book blog will immediately recognize his thorough, straightforward, and trenchant analysis of whether microfinance is the boon many think it is. Im looking forward to speaking at the following places in the months ahead. Due diligence, written entirely in public with input from readers, probes the truth about microfinance to guide governments, foundations, investors, and private citizens who support financial services for poor people. You are currently browsing the tag archive for the david roodman tag. Jan 31, 2012 see david roodmans postdebate post on his blog microfinance open book blog and milford batemans response. Death of a microfinance institution david roodmans.
Below is a key section i scanned from the book s yellowed pages. Critical look at challenges and successes en route to further. They have widely disseminated their contrary results via roodmans microfinance open book blog and other means 1 1 for example, at the recent evidence summit on broadbased growth held on. If you want to learn more about microfinance, look no further than this socalled open book blog by center for global development senior fellow david roodman. See the complete profile on linkedin and discover davids. David roodmans microfinance open book blog center for. So, heres a quick cheat sheet of some highlights from davids blog over the past few years. You probably dont have time to buy and read the whole book in the next 36 hours. David roodmans microfinance open book blog the myth of capitalism. Critical look at challenges and successes en route to. June 29, 2015 my longpromised report for the open philanthropy project on geomagnetic storms is posted. Dec 19, 2011 this is the book to read about microfinance, specifically microcredit. Econacademics blog aggregator for economics research. Due diligence is a new book on microfinance by david roodman.
I will try to post while im there, but i thought you might be interested in this link to an interactive map of our work there. David roodman does his due diligence, and gets it mostly. October 2nd was the 10th anniversary of what i consider to be an underappreciated but critical moment in the history of the microfinance movementdavid roodmans piece on how kiva actually worked. After i blogged cirillo and talebs new paper on the longterm trend in war deaths, i read other commentaries on the debate william briggs, dartthrowing chimp, and interacted with the authors. It makes small loans known as microcredit or grameencredit to the impoverished without requiring collateral. The persecution of an imperfect man david roodmans. Readers of david roodmans microfinance open book blog will immediately recognize his thorough, straightforward, and trenchant analysis. Readers of david roodmans openbook blog will immediately recognize his thorough, straightforward, and trenchant analysis. I have told how a question last fall from filmmaker tom heinemann prompted me to measure the grameen banks interest rate as sharply as i. We actually spent few words on the blog controversy. I am particularly pleased with the explicit focus on consumers and their needsthis, together with the onset of technologybased delivery models, has been the most important shift in the microfinance field over the past 15 years.
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