40 min listen
Robert Townsend on Development, Poverty, and Financial Institutions
FromEconTalk
ratings:
Length:
70 minutes
Released:
Mar 14, 2011
Format:
Podcast episode
Description
Robert Townsend of MIT and the Consortium on Financial Systems and Poverty talks with EconTalk host Russ Roberts about development and the role of financial institutions in growth. Drawing on his research, particularly his surveys of households in Thailand, Townsend argues that both informal networks and arrangements and formal financial institutions play important roles in dealing with risk. Along the way, he discusses the role of microfinance in poor countries and the potential for better financial arrangements to lead to higher growth and the accumulation of wealth.
Released:
Mar 14, 2011
Format:
Podcast episode
Titles in the series (100)
The Economics of Organ Donation: Organ donations and the market for kidneys, by Russ Roberts and Richard Epstein. by EconTalk