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Publications (4)
Research Brief
pdf
Microfinance evaluations reveal a positive impact on per capita income, non-land asset value and poverty incidence. Across countries and methodologies, microfinance is most likely to have a short-term positive effect; regionally, the most positive impacts are seen in Africa. Women tend to benefit...
Research Brief
pdf
Three-quarters of the world’s poor (however defined) live in countries classified as middle-income. Donors need not assume their only option is to abandon countries once they cross the arbitrary threshold in per capita income. The thresholds themselves currently used to classify countries as low...
Working Paper
pdf
– Are the Country Classifications Moribund or is Global Poverty in the Process of ‘Nationalizing’?
The majority of the world’s poor, by income poverty and multi-dimensional poverty, now live in countries officially classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary threshold in per capita income but it does matter to...
Working Paper
pdf
– Lessons for Developing Countries
The paper considers the experience of the European Investment Bank and addresses policy lessons for developing countries as they seek finance for development. The paper argues that the key lesson for developing countries is that the traditional role of a development bank in closing market gaps in...
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