Yes, microlending reduces extreme poverty
Monday, June 26, 2017 - 07:22
in Health & Medicine
A small boost in microlending to the developing world could lift more than 10.5 million people out of extreme poverty. That's one conclusion of my study, published last month in The B.E. Journal of Macroeconomics, which found that microfinance not only reduces how many households live in poverty but also how poor they are.