Sounds like a good book.
/Not that the IMF or World Bank would care, but I think the small microbanks that lend to the world's women, helping them increase their small businesses, are one model for the future. From what I've seen the large projects are riddled with corruption from the get go, and are always poorly planned. As I understand it microbanks have had spectacular results. I think it's slow work, and you have a million tiny things to show for your labor, rather than one giant dam or factory (that isn't going to work, or do anyone any good)- but sometimes it's the slow cures that work. And I think it is the very slowness, and the allowance for the cultural business atmosphere, metered by the small businesswomen, that allows these programs to be culturally sensitive.
JMO
nextbillion.net
Here's a blurb on one organization supporting such micro loans- but there are many such organizations. These organizations are, imo, the little laboratories, out of which the solutions to global poverty will emerge, if such solutions do emerge pervasively. |
