Portfolios of the Poor: Expert Review 2

• by Jonathan Morduch
• Jun 4, 2010
• 1 min

In this video Jonathan Morduch, co-author of “Portfolios of the Poor” and Professor of Public Policy and Economics at the NYU Wagner Graduate School of Public Service, and Managing Director of the Financial Access Initiative shares his opinion on what the book tells us about reimagining microfinance. He notes the importance of financial diary in […]

In this video Jonathan Morduch, co-author of “Portfolios of the Poor” and Professor of Public Policy and Economics at the NYU Wagner Graduate School of Public Service, and Managing Director of the Financial Access Initiative shares his opinion on what the book tells us about reimagining microfinance. He notes the importance of financial diary in capturing quality data in Bangladesh, India and South Africa. Jonathan notes that the book reveals what was otherwise ignored by economists. Highlighting the benefits of financial diaries, he says that it propagates simple methods like focused and open-ended way of looking at problem and act as specific guide for action.