Only relief achieves short-term poverty reduction, but is ineffective in the long run. Sustainable poverty reduction … most successful countries with regard to poverty reduction. Between 1970 and 1996, it reduced poverty from 60% to 11.5% of … poverty reduction and development; and certainly none outside a solid, prudentially regulated institutional framework. …

Numerous microfinance initiatives around the world aim to alleviate poverty in developing countries. However, debate … community, which contribute about $9.4 billion to microfinance funding. In this policy-oriented article we aggregate findings … from two studies in Indonesia that help explain why moneylending can still thrive when low-interest microfinance is widely …