CGD Policy Blogs
A crisis is unfolding in India's microcredit sector that-- beyond its immediate effects on borrowers and lenders-- will greatly affect the future of financial services for the poor.
This post is originally appeared on Owen Abroad: Thoughts from Owen in Africa.
IMF governance reforms were agreed the week before the G20 Summit. One decision – to increase IMF resources but not by much – may matter for the IMF’s role in a still-unsettled Eurozone – if Ireland’s problem becomes Portugal’s and so on.
For a full and nicely balanced assessment of the reforms from Ted Truman, including on resources, go here. Among other things, unpacks a couple of little-known and little-understood facts that are (though he doesn’t say so directly) about the role of the USA – the poor man with good ideas.