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One year, instead of buying my dad the usual unattractive necktie for Christmas, we bought him a goat. He loved the goat, mainly because it was not for him but [...]

When the Rev. Marlon Tilghman learned that any Maryland juvenile taken into custody can be questioned by police without a parent being informed or without an attorney present, his thoughts [...]

CONCERN FOR THE POOR is a fundamental pillar of Christian identity and calling, a constant theme throughout the Old and New Testaments (Deut. 15:4; Prov. 14:31; Gal. 2:10; James 2:2-6). [...]

The role of financial markets in economic development of Latin American countries, including reducing poverty, is discussed.

The role of banks in Latin America to provide consumer finance to low-income people to uplift them as well as improve the economy is discussed.

A randomized field trial that evaluates a bottom-up approach in which high-achieving students of diverse racial and ethnic backgrounds from poor families are given monetary incentives to maintain their academic standing is presented. The findings indicate that monetary incentives are effective in promoting academic success to different degrees and for different reasons depending on students' perception of the meaning of the incentive in relation to their emergent identity.

A study examining the reasons because of which banks do not like to lend money for house purchase to low-income borrowers in South Africa is presented. The banks avoid such transactions despite access to government subsidies and interest rate ceiling exemptions. Suggestions are offered to evolve policies that can make these transactions appear more attractive to the banks.

ALMOST A DECADE after credit unions, community development groups, banks and other organizations started opening Individual Development Accounts to give struggling Americans a boost, the results from this national experiment [...]

Child benefits in European countries are paid out over time, while the earned income tax credit in the US is paid in a lump sum. The US system would work better if it combined the earned income tax and child credits and paid them like the European nations. This would mean lower preparation and return anticipation loan costs for beneficiaries.

High population growth in Africa's poorest countries is putting decades of progress in the fight against poverty at risk. We must invest in human capital to avoid a crisis, say [...]

My efforts to empower Third World poor began, appropriately enough, with an independence movement--the independence of Bangladesh. In 1971, my homeland was confronted with a war, bloodshed, and a tremendous [...]

To be fully effective, microfinance must slot into a broad strategy for cultural, educational and social development It all began with a simple question. What operational definition can governments or [...]