Monday 24 August 2009

Maitreesh Ghatak: "Small is Smart" Financial Express, New Delhi August 09

Maitreesh Ghatak analyses the effectiveness of microfinance in this article "Small is Smart" published in the Financial Express, August 24, 2009. He argues that while microfinance is no magic bullet for solving all the problems of poverty, it does relax credit constraints faced by the poor.