The goal of community development should be to improve the lives of as many disadvantaged people as possible with a minimum amount of resources. The field can achieve this goal by identifying those community development projects that are both efficient and have significant social impacts, and...

Recent advances in finance and technology are providing new opportunities for individual investors to support and invest in microenterprises, and in some cases, bypassing intermediaries altogether. While these efforts at disintermediation are still new, they present a new way for poor...