April 5, 2008

A Couple of Articles

Posted in International Trade, Micro finance, Net Capital Outflow at 9:46 am by davidprudente

Today’s New York Times had a couple of interesting articles. First, this article deals directly with what we are discussing in chapters 29 & 30, Capital flows. I think it provides a nice overview of the topic while relating it to real world investors and the problems they face.

Second, is an article about Micro finance (lending small amounts of money to the poor to end poverty). I’ve been following this for a while now, and sooner or later you knew someone was going to try and make this into a business model to make money. The point of micro lending is to provide enough money for people to start their own business and pay back the principle and interest at reasonable rates that do not make them, in essence, tenant farmers.