Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

A word cloud of the most frequently used words in paper titles from Banerjee.

A Quick Guide to 100+ Publications by Economics Nobel Winner Abhijit Banerjee

Last month, Abhijit Banerjee won the Nobel Memorial Prize in Economic Sciences, together with Esther Duflo and Michael Kremer. Here’s a quick introduction to almost all of Banerjee’s publications. The range of topics is breathtaking, from land reform to corruption to microcredit to international aid to the fundamental nature of poverty.

A word cloud of the most commonly used words in the titles of Esther Duflu's research papers and other publications.

A Quick Guide to 100+ Publications by Economics Nobel Winner Esther Duflo

Two weeks ago, Esther Duflo won the Nobel Memorial Prize in Economic Sciences<, together with Abhijit Banerjee and Michael Kremer, “for their experimental approach to alleviating global poverty.” In the blog post below, you’ll find a quick introduction to more than a hundred of her research publications, including research articles, policy articles summarizing research, book chapters, book reviews, comments on others’ research, and books.

Beyond Aid—and Microcredit: Three Recommendations to Promote Women’s Economic Empowerment

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.

Fresh Ideas for Haiti Begin to Take Hold

Following the devastating earthquake in January, CGD experts offered fresh ideas on how the U.S. and the international community could help Haiti rebuild, particularly through non-aid channels. Several recent developments in the U.S. legislative branch reflect or build upon these ideas:

Trade

Five Winning Ideas in Finance and Development Marketplace

Kudos to AFD, the Gates Foundation, and the World Bank for organizing an outstanding Marketplace on Innovative Financial Solutions for Development last week in Paris. The organizers managed to bring together a lot of people with good ideas, and created an energized atmosphere worthy of the ‘marketplace’ idea.

Here is a round-up of the five winners of the contest, and some other ideas that stuck out:

Large-scale finance

The Myth of Microfinance? Why MFIs Shouldn’t Be Freaking Out (Yet)

This is a joint post with Michael Clemens.

The headline in the Boston Globe on September 20, 2009 was catchy: "Billions of dollars and a Nobel Prize later, it looks like 'microlending' doesn’t actually do much to fight poverty." The article referred to the findings of two recent impact evaluations in microfinance in India and the Philippines conducted by researchers at MIT and Yale, respectively. The studies, which were randomized controlled trials (RCTs) of microfinance interventions, found “weak and in some cases nonexistent effects” of microfinance on profits, expenditures and well-being. Privately and publicly, donors, MFIs and practitioners are expressing concern about the impact of these studies on the future of microfinance. Are they right to be worried?

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