By Abhilash Samuel “An unacceptably high proportion of the world’s population lives in dreadful conditions that consign them to Malthusian lives that are nasty, brutish and short”, says Norbert Kloppenburg, the senior vice president of KfW Entwicklungsbank, a microfinance institution based in Germany.[1] The alleviation of poverty through banking, or more precisely the provision [...]
By Abhilash Samuel Private property, free enterprise, free market principles are principles that might sound routine to most Americans. However, the third world often receives this jargon with hostility. Nevertheless, as a resident of the third world for twenty-one years, I feel, putting these principles into practice could be revolutionary in the least. Today, America, [...]
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