POPULARITY
Microfinance is a loan system that offers small business loans to people who can't secure them elsewhere. It was conceived as a liberating financial tool for the world's poor — but some say it can be a source of abuse. We talk to Naly Pilorge, deputy director of the Cambodian League for the Promotion and Defense of Human Rights; Sohini Kar, an associate professor of international development at the London School of Economics; and Timothy Ogden, managing director of the Financial Access Initiative at New York University.
It is time to fundamentally reframe the research agenda on migration, remittances, payments and development. Many policymakers in the developing world, and researchers, tend to view migrant remittances as windfall income, rather than as returns on investment, which is how families with migrants tend to see remittances. Migration is thus, among other things, a strategy for financial management in poor households: location is an asset, migration an investment.Some of the most basic questions about remittances and their effects remain inadequately answered, in part because of a blinded research agenda. Asking better questions is a step towards better policies, programs and regulations and, above all, to enable people on low incomes to improve their lives.In this webinar, based on the article “Migration and household finances: How a different framing can improve thinking about migration”, Timothy Ogden discusses some of the new and alternative research questions that emerge from the shift of perspective on remittances – from windfall to return on investment.Speaker:Timothy Ogden is Managing Director of the Financial Access Initiative, a research centre housed at New York University's (NYU) Robert F. Wagner Graduate School of Public Service focused on how financial services can better meet the needs and improve the lives of low-income households.>> view presentationChair:Dr Ryan Edwards, Deputy Director, Development Policy Centre, The Australian National University Photo credit: AU/UN Ist Photo/Stuart Price (Flickr CC0 1.0)
Rod Arquette Show Daily Rundown - Thursday, April 25, 20194:20 pm: Steve Dimond, Director of Human Resources for the Canyons School District, joins the program to discuss a proposed teacher raise in the district that would make starting teacher salaries $50,000 and raise yearly property taxes in the district average of $144 per household5:05 pm: Alexander Bolton of The Hill joins the show to discuss the seven big decisions facing Joe Biden heading into the 2020 primary election6:05 pm: Utah Foundation President Peter Reichard joins the show to discuss the results of a new study on teacher pay that shows Utah’s growing economy may be making it harder to keep teachers in the classroom6:20 pm: Timothy Ogden, Managing Director of Financial Access Initiative, joins the program to discuss why he says forcing students to study personal finance is a waste of time6:35 pm: Steve Moore, Chief Economist at The Heritage Foundation, joins the show for his weekly visit with Rod about politics and the nation's economy
The traditional narrative of the American Dream — hard work, steady saving, and a little bit of luck will lead to security today and mobility tomorrow — has all but become an American Myth. Today, insecurity is so pronounced that 92 percent of Americans, when asked to choose between being a little richer or more financially stable, chose stability. But amidst 30 years of wage stagnation and radically decreased mobility, neither has been attainable. In The Financial Diaries, authors Jonathan Morduch and Rachel Schneider track the financial lives of 235 low- and middle-income households to cast a light on the pervasive economic anxiety felt across the country. The individuals they profile — among them a casino dealer, a street vendor, and a tax preparer — challenge popular assumptions about how Americans earn, spend, borrow, and save and suggest new tools the U.S. needs to correct the broader distress of income and wealth inequality. Join New America NYC for a conversation on the growing financial instability Americans face and the policy interventions needed to better support those who need it most. OPENING REMARKS: Xavier de Souza Briggs @xavbriggs Vice President, Economic Opportunity and Markets, Ford Foundation PARTICIPANTS Jonathan Morduch @JMorduch Professor of Public Policy and Economics and Director, Financial Access Initiative, New York University Co-author, The Financial Diaries: How American Families Cope in a World of Uncertainty Rachel Schneider @RachelSchneider Senior Vice President, Center for Financial Services Innovation Co-author, The Financial Diaries: How American Families Cope in a World of Uncertainty Justin KingPolicy Director, Family-Centered Social Policy, New America Unique BrathwaiteExecutive Director, LIFT–New York Alex Goldmark @alexgoldmark Supervising Producer, Planet Money, NPR
Richard Rosenberg, consultant to CGAP, talks about the value proposition of microfinance and how this relates to the price for financial services.Richard has been with CGAP since its founding in 1995. He has written or contributed to numerous CGAP publications. His current areas of focus include interest rate issues, over-indebtedness, and regulation of microfinance. He is a core faculty member of the Microfinance Training Program at The Boulder Institute. MicroSave and the Financial Access Initiative invite you to join the authors of Portfolios of the Poor for a two-day virtual conference. This event will be moderated by co-authors Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven, and MicroSave’s Graham Wright. Dates: June 8-9, 2010 For more information and free registration, please visit www.MicroSave.org
Richard Rosenberg, consultant to CGAP, highlights the biggest findings of “Portfolios of the Poor”. Richard has been with CGAP since its founding in 1995. He has written or contributed to numerous CGAP publications. His current areas of focus include interest rate issues, over-indebtedness, and regulation of microfinance. He is a core faculty member of the Microfinance Training Program at The Boulder Institute. MicroSave and the Financial Access Initiative invite you to join the authors of Portfolios of the Poor for a two-day virtual conference. This event will be moderated by co-authors Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven, and MicroSave’s Graham Wright. Dates: June 8-9, 2010 For more information and free registration, please visit www.MicroSave.org
Yaw Nyarko, Professor of Economics at New York University and Director of NYU Africa House, talks about the particulars of the research for Portfolios of the Poor and how it will influence the development of new research trends. Yaw Nyarko is a theoretical economist whose current work focuses on two main areas: (1) models where the economic actors engage in active learning about their environments and (2) human capital models of economic growth and development. MicroSave and the Financial Access Initiative invite you to join the authors of Portfolios of the Poor for a two-day virtual conference. This event will be moderated by co-authors Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven, and MicroSave’s Graham Wright. Dates: June 8-9, 2010 For more information and free registration, please visit www.MicroSave.org
Jonathan Morduch, co-author of "Portfolios of the Poor" shares his opinion on what the book tells us about reimagining microfinance. Jonathan Morduch is Professor of Public Policy and Economics at the NYU Wagner Graduate School of Public Service, and Managing Director of the Financial Access Initiative, a consortium of researchers focused on financial inclusion.
Jonathan Morduch, co-author of "Portfolios of the Poor" shares his opinion on what the book tells us about reimagining microfinance. Jonathan Morduch is Professor of Public Policy and Economics at the NYU Wagner Graduate School of Public Service, and Managing Director of the Financial Access Initiative, a consortium of researchers focused on financial inclusion. Morduch has taught on the Economics faculty at Harvard University, and has held visiting positions at Stanford, Princeton, and the University of Tokyo. He has worked with the United Nations and World Bank, and advises global NGOs. He is Associate Editor of the Journal of Economic Perspectives and on the board of the Journal of Globalization and Development. MicroSave and the Financial Access Initiative invite you to join the authors of Portfolios of the Poor for a two-day virtual conference. This event will be moderated by co-authors Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven, and MicroSave’s Graham Wright. Dates: June 8-9, 2010 For more information and free registration, please visit www.MicroSave.org
Stuart Rutherford, co-author of "Portfolios of the Poor" talks about Grameen-2, SafeSave and Buro in Bangladesh. He also gives his opinion on the potential of e-banking and m-banking for the microfinance industry. MicroSave and the Financial Access Initiative invite you to join the authors of Portfolios of the Poor for a two-day virtual conference. This event will be moderated by co-authors Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven, and MicroSave’s Graham Wright. Dates: June 8-9, 2010 For more information and free registration, please visit www.MicroSave.org
Stuart Rutherford, co-author of "Portfolios of the Poor" talks about the financial products that poor people need from MFIs. MicroSave and the Financial Access Initiative invite you to join the authors of Portfolios of the Poor for a two-day virtual conference. This event will be moderated by co-authors Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven, and MicroSave’s Graham Wright. Dates: June 8-9, 2010 For more information and free registration, please visit www.MicroSave.org