"Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and …, though, is at the heart of the promise that microfinance can deliver poverty reduction while not relying on ongoing subsidy … profitability is largely a function of minimizing cost. "--World Bank web site …

risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …

the alleviation of firms' financing constraints. "--World Bank web site …

regulators, and surveys of experts, and assesses their relative strengths. "--World Bank web site …

strong evidence for bandwagon effects in humanitarian assistance. "--World Bank web site …

disease control in the developed world. These mostly non-clinical services generate "pure public goods" by reducing everyone …' approaches and first steps toward closing them. "--World Bank web site …