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Over on my microfinance "open book" blog, I posted a digest of what is arguably the first gold standard evaluation of a storied anti-poverty intervention, microcredit. Given the paper's historic nature and its resonance with CGD themes of impact evaluation and finance, the post may particularly interest those who follow the present blog, Voices from the Center.
CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. CGD is a nonpartisan, independent organization and does not take institutional positions.
Recently CGD hosted the Second Annual Birdsall House Conference on Women, which focused on beyond-aid approaches for women’s economic empowerment, with particular emphasis on private sector engagement. CGD experts have written about how international organizations and national agencies should examine and correct gender biases in the design and delivery of their strategies for financial inclusion. But while public sector interventions are crucial for promoting women’s economic empowerment, the panelists pointed out that the private sector is in many ways better equipped to provide opportunities for women to grow their businesses, investments, and incomes. Here’s our takeaway.