The Micro Debt
For decades, experts have hailed microcredit as the paramount solution to global poverty. But there is a lesser-known version of that story in which Grameen Bank founder Mohammad Yunus and other promoters of miniaturized finance appear to serve most...
Safe as houses: real estate values and mortgage trading
Contrary to widespread perception, real estate is no different than any other financial asset - its value can plunge. This program examines the volatility of property investment and the ramifications of buying and selling bulk mortgages and mortgage...
Kiva: U.S.A.
Despite its success in alleviating poverty, particularly among women, microfinance has reached only eight percent of the world’s poor. San Francisco-based Matt Flannery and Premal Shah have devised the first online platform for microfinance lendin...
Economic Development: A Global Challenge
How is the economic progress of a country or a region measured? What causes underdevelopment and poverty? Will the struggling nations of the world ever "catch up" with the wealthy ones? This program studies various methods for calculating economic p...