Microfinance is generally seen as a way to fix credit markets and unleash the productive capacities of poor people who … are dependent on self-employment. The microfinance sector has grown quickly since the 1990s, paving the way for other …, generating a backlash against microfinance. This paper reconsiders the claims about microfinance, highlighting the diversity in …

Microfinance is often criticized for not adequately addressing seasonality and hard-core poverty. In Bangladesh, a … program known as PRIME was introduced in 2006 to address both concerns. Unlike regular microfinance, PRIME introduces a … microfinance scheme that offers a flexible repayment schedule and consumption smoothing, as well as production, loans. It targets …

the 75th percentile of what was observed in the data. In the former, world GDP per capita is 5 percent higher than …, world GDP per capita is 12 percent higher than baseline in 2050, while the rate of $1.90 poverty drops by 1.4 percentage …

In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote … percentage points faster than the mean, the World Bank's poverty goal is achieved with the global poverty falling to below 3 …

countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 …