Microlending--disbursing working capital in tiny doses to small businesses and sole proprietors--is now all the rage at the World Bank and other antipoverty agencies.
Microlending--disbursing working capital in tiny doses to small businesses and solo proprietors--is now all the rage at the World Bank and other antipoverty agencies.
That brings me to the last point: as I mentioned earlier this week, Houghton expressed the widely held view among antipoverty activists that growth is somehow antithetical to their aims.
Read Tomas Kellner's profile of him on page 204 and ask yourself if Johnson isn't doing more to help the less prosperous citizens of that city than a roomful of antipoverty experts.