Top Takeaways from Banerjee and Duflo’s Poor Economics

If you’ve been following this blog for sometime, you know that I consider Abhijit Banerjee and Esther Duflo’s Poor Economics as a bible of sorts — to understand poverty, understand the psyche and motivations of the extremely poor, and the power of Randomized Control Trials (RCTs) to fairly assess efficacy of anti-poverty programs. Several posts …

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Borrowing from MFI to save for daughter’s dowry?

SKS Microfinance Ltd, India’s largest and only listed microlender, said its losses widened in the second quarter from the preceding three months as repayment rates in Andhra Pradesh, its biggest market, plunged after a local law restricted lending and recovery. The Hyderabad-based lender posted a loss of Rs. 384.54 crore in the three months ended …

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Pratham’s Contributions to Indian Education Policy Debate

[Editor’s Note: This post is the fourth in a series of six excerpts from Abhijit Banerjee and Esther Duflo’s Poor Economics, specifically from chapter 4 (on education policy) – Top of the Class. The first three excerpts covered the debate between the supply-wallahs and demand-wallahs. The fourth covers the strong contributions of Pratham (possibly India’s largest …

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Middle ground between the supply-wallahs and demand-wallahs

[Editor’s Note: This post is the third in a series of six excerpts from Abhijit Banerjee and Esther Duflo’s Poor Economics, specifically from chapter 4 (on education policy) – Top of the Class. Part 1 provided the supply-wallahs perspective, Part 2 was the counterpoint from the demand-wallahs. This post presents the middle ground.] At the core …

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The Supply Demand Wars in Education Policy – Part 2

[Editor’s Note: This post is the second in a series of six excerpts from Abhijit Banerjee and Esther Duflo’s Poor Economics, specifically from chapter 4 (on education policy) – Top of the Class. Part 1 provided the supply-wallahs perspective. This excerpt provides the demand-wallahs perspective.] The Demand Wallahs’ Case For the “demand wallahs”, a set of …

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