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Author: Josh Weinstein

A New Way Forward on Global Development

A New Way Forward on Global Development

The Obama Administration recognizes that the successful pursuit of development is essential to our security, prosperity, and values.  In a world shaped by growing global economic integration and the fragmentation of political power; by the rise of emerging powers and the persistent weakness of fragile states; and the potential borne of globalization and risks posed by transnational threats, development is a strategic imperative to the United States.  Our investments in development – and the policies we pursue that support development…

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Industrial Agriculture and Solutions to World Hunger

Industrial Agriculture and Solutions to World Hunger

In this essay, the author discusses the right approach to combating the problem of hunger – an attribute shared by closed to 900 million people worldwide.  He takes issue with the arugula-eating liberal elites, like Food First, a California-based organization that opposes the technological advancements of the Green Revolution.   Modern improvements in agricultural technology and sciences create higher crop yields.  When land ownership is limited to a few hectares, it is critical to maximize the output on these small plots, …

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The Right Conditions for Microfinance

The Right Conditions for Microfinance

Across the world, there are a lot of poor people.  In the developing world, 1.4 billion people live on less than $1.25 USD per day.  While this catch-all gives an idea of who is struggling to get by, the impoverished are stratified in terms of desperation.  Some live in extreme poverty, racked by hunger and disease with little hope of “pulling themselves up by their bootstraps.”  Combating this type of poverty requires humanitarian and development aid.  But those higher on…

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How the Newspaper Discusses Microfinance

How the Newspaper Discusses Microfinance

A recent article in the New York Times titled “Banks Making Big Profits on Small Loans” has been making the rounds in the microfinance community.  When major media outlets like the Times cover microfinance issues, they tend to paint a picture in broad, but accurate, strokes.  Generally, the topic is complex and nuanced and condensed into a thousand words or less, leaving many issues unaddressed.  Microfinance, like sea turtles and curling, does not generally attract the attention of non-enthusiasts.  So…

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Microfinance and Job Creation

Microfinance and Job Creation

“So health care reform and reducing taxes and reining in spending has got to accompany tax reductions, and tax relief for Americans, and trade — we have got to see trade as opportunity, not as, uh, competitive, um, scary thing, but one in five jobs created in the trade sector today. We’ve got to look at that as more opportunity. All of those things under the umbrella of job creation.” – Sarah Palin The international economic development community is constantly…

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Travel Notification

Travel Notification

Today I leave for Thailand.  I’ll be spending the weekend in Bangkok, four days in Koh Penang, one night in Chiang Mai, and four days in Pai before returning to Bangkok for four more days.  On April 4th I fly to Rangoon in Myanmar for a ten-day trek through the kingdom.  I will be updating the blog whenever I get a chance.

Microenterprise to SME: A Thought Exercise Pt. II

Microenterprise to SME: A Thought Exercise Pt. II

This is the third post of a three–part series on small- and medium enterprises.  It is the second of a two-part post. The other day I discussed six actions or programs a microfinance institution (MFI) can take to help clients convert their business from a micro-enterprise to a small- to medium enterprise (SME).  Today, I will cover the final six.

Sleeping in the Bed You Make

Sleeping in the Bed You Make

“If you ask me to name the proudest distinction of Americans, I would choose- because it contains all the others- the fact that they were the people who created the phrase to make money. No other language or nation had ever used these words before; men had always thought of wealth as a static quantity- to be seized, begged, inherited, shared, looted or obtained as a favor. Americans were the first to understand that wealth has to be created.” –…

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A Tangential Cultural Filler

A Tangential Cultural Filler

One side benefit of coming to the Philippines has been that my music consumption has skyrocketed.  Here are the ten albums making the rounds lately: 1.  Percy Hill, “Color in Bloom” [youtube=http://www.youtube.com/watch?v=lC2zkkBIlmg]