Microfinance

Credit Default Swaps vs. Microloans

Alex Raksin posted a good open letter to the World Economic Forum meeting today in Davos called “By the people, for the people” in response to the WEF’s chairman and founder, Klaus Schwab’s opening question, “Where should leaders look to find a new transformative vision for international finance?” Raksin contrasts the efficacy of microfinance with… Continue reading Credit Default Swaps vs. Microloans