Rise of p2p lending
What do retail banks do best? First, they are good for keeping your money safe. Money deposited in the bank is safer than money hidden inside the mattress. Banks with a deposit base are covered by FDIC insurance that ensures that your money will be safe even if the bank fails. Second, banks are hubs for moving money around in the society.
- Mani Pande's blog
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The future of aid and Africa
It isn’t long since Dambisa Moyo's book Dead Aid was published. For the most part, people without experience in either development work or Africa thought she was being too extreme and taking her stance (all large multilateral aid to Africa should stop within 5 years) as a way to get attention and become famous. While I understand this reaction, I find it both sad and insulting as it undermines anything Moyo states as being simply sensational.
- Tessa Finlev's blog
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