There is an ongoing debate on how to provide sufficient opportunities for individuals to escape the woes of poverty. Small and medium enterprises are one way to do that. However, capital is required and traditional means of obtaining it are inaccessible. This is where Microfinance Institutions (MFI) come in and provide microcredit, even if no collateral is present. Despite this availability and accessibility, in Bangladesh take-up is unexpectedly low. This issue is well-known in the literature, as is the fact that microcredit might lack the long-lasting social impact economists foresaw.
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On May 15th, Pepita Miquel-Florensa, Assistant Professor at the Toulouse School of Economics and Research Fellow of the Institute of Advanced Study in Tolouse, presented her paper "Voting Corrupt Politicians Out of Office: Evidence from an Experiment in Paraguay". This question is specially relevant while analyzing the way in which democratic institutions work in Latin American countries, where corruption is usually very common and frequently accepted by the population.
Paraguay is ranked 123 out of 176 in the corruption perception index, and this is demonstrated by sev...
Experts from international institutions such as the World Bank, Universty of Oxford or King’s College London shared their insights on poverty and development for the 6th NCID Research Workshop. Organized by the Navarra Center for International Development from the Institute for Culture and Society (ICS) and the Fundación Ramón Areces, the event took place on May 8th in Madrid.
Morning
The first session was titled “Profits a...