Summary Of Daryl Collins Jonathan Morduch Stuart Rutherford Orlanda Ruthven S Portfolios Of The Poor

In this work, the authors report on the yearlong 'financial diaries' of villagers and slum dwellers in Bangladesh, India, and South Africa. The stories of these families are often surprising and inspiring.

Please note: This is a companion version & not the original book. Sample Book Insights: #1 The world’s poor are defined as those who live on less than two dollars a day. It is difficult to imagine what it is like to live on such a low income, and it is even harder to imagine how you would prosper if your income was just two dollars a day. #2 Existing data sources are limited in their ability to answer these questions. However, after conducting several studies on how the poor manage their money, we found that they rarely spend every penny of their income right away. They instead save money, and borrow when they need to. #3 The importance of reliable financial tools for the poor cannot be understated. If you're poor, managing your money well is central to your life. #4 We developed a research technique called financial diaries, in which we interviewed poor households and collected their data. We learned how and when income flowed in and how and when it was spent.

The must-read summary of Daryl Collins, Jonathan Morduch, Stuart Rutherford and Orlanda Ruthven's book: “Portfolios of the Poor: How the World’s Poor Live on $2 a Day”. This complete summary of "Portfolios of the Poor" outlines the authors' assessment of how the world's poorest billion people find solutions to living on such a small income. They demonstrate that they are surprisingly resourceful and usually employ financial tools that are linked to informal networks and family ties. The book also offers a vision for the future generation of banks for the "bottom billion". Added-value of this summary: • Save time • Understand poverty and how people cope with it • Expand your knowledge of international politics and economics To learn more, read "Portfolios of the Poor" and discover the inspiring stories of how the world's poorest people survive off their impossibly small means, and the implications this has for the new generation of banking and finance.

Drawing on the groundbreaking U.S. Financial Diaries project (http://www.usfinancialdiaries.org/), which follows the lives of 235 low- and middle-income families as they navigate through a year, the authors challenge popular assumptions about how Americans earn, spend, borrow, and save-- and they identify the true causes of distress and inequality for many working Americans.

In alternating chapters of fiction and nonfiction, Huber turns the computer against Orwell's words, reimagining Orwell's 1984 from the computer's point of view, interpolating Huger's own explanations and arguments.

"Economic Gangsters" is a fascinating exploration of the dark side of economic development. Two of the world's most creative young economists use their remarkable talents for economic sleuthing to study violence, corruption, and poverty in the most unexpected ways--Steven D. Levitt, coauthor of "Freakonomics."

An assessment of "the microfinance revolution" from an economics perspective that draws on lessons from academia and international practice to challenge conventional assumptions.

The definitive history of America’s greatest incubator of innovation and the birthplace of some of the 20th century’s most influential technologies “Filled with colorful characters and inspiring lessons . . . The Idea Factory explores one of the most critical issues of our time: What causes innovation?” —Walter Isaacson, The New York Times Book Review “Compelling . . . Gertner's book offers fascinating evidence for those seeking to understand how a society should best invest its research resources.” —The Wall Street Journal From its beginnings in the 1920s until its demise in the 1980s, Bell Labs-officially, the research and development wing of AT&T-was the biggest, and arguably the best, laboratory for new ideas in the world. From the transistor to the laser, from digital communications to cellular telephony, it's hard to find an aspect of modern life that hasn't been touched by Bell Labs. In The Idea Factory, Jon Gertner traces the origins of some of the twentieth century's most important inventions and delivers a riveting and heretofore untold chapter of American history. At its heart this is a story about the life and work of a small group of brilliant and eccentric men-Mervin Kelly, Bill Shockley, Claude Shannon, John Pierce, and Bill Baker-who spent their careers at Bell Labs. Today, when the drive to invent has become a mantra, Bell Labs offers us a way to enrich our understanding of the challenges and solutions to technological innovation. Here, after all, was where the foundational ideas on the management of innovation were born.