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Mysteries of grocery shopping in Cusco

Sep 09/09 | From the blog
by Kartik Akileswaran

I recently returned from a 3-week trip to Cusco, Peru to help out my fellow Project Associate who is based there. I live in Lima, so the trip to Cusco, a sizeable city in its own right but quite distinct from Lima's hustle and bustle, was a welcome respite. I most certainly enjoyed the sunny weather and the lack of noise pollution. However, being based in Lima, I have grown accustomed to the everyday conveniences that are typical of a big city. I was reminded of this point during a trip to the grocery store while I was in Cusco, albeit in a very peculiar way.

IPA partners win Social Performance Reporting Award

Aug 31/09 | From the blog

Microfinance institutions are often assumed to be socially oriented, but as the industry expands and more institutions enter, it becomes increasingly important to verify these claims.  Donors and social investors should require more than a mission statement and a few anecdotes to know whether an MFI is really reaching the poor.

The House on Mango Lane

Aug 31/09 | From the blog
by Ryan Knight

One of the hardest things about doing research on poverty can be finding people for follow-up visits, especially in urban areas like Accra, Ghana, where I work. As a rule Accra has no helpful signs, street names, or addresses. Directions are based on landmarks, whose defining feature is usually that it's something old -- the types of things that are obvious if you've lived there forever, but make no sense when you're new to the city. The resulting irony is that the most expensive thing about our research can be the time spent finding people to research.

Debunking the microfinance bubble

Aug 28/09 | From the blog
by Jonathan Morduch

Is there a “microfinance bubble”? The question recently hit the front page of the Wall Street Journal.

Why millions of the world’s poor still choose to go private

Aug 24/09 | From the blog
by Martin Rotemberg

Why millions of the world´s poor still choose to go private (from The Financial Times)

Even though public school teachers and public doctors tend to be much more qualified (and cheaper to access) than their private sector counterparts, people in the developing world tend to choose the private option.

Amazonian Fashion and a Lack of Financial Services

Aug 19/09 | From the blog
by Doug Parkerson

The bus ride down from La Paz to the Beni in Bolivia is breathtaking, sometimes because the scenery catches you off guard when you round a bend and sometimes because you too vividly imagine the next few seconds of your life as a thousand foot freefall to a rocky riverbed below.

Times Restaurant Critic on Behavioral Economics

Aug 19/09 | From the blog
by Nathanael Goldberg

Interesting example of the endowment effect from New York Times restaurant critic Frank Bruni: http://www.nytimes.com/2009/08/19/dining/19note.html?8dpc

Summing up the quirky behaviors of his dining companions over his tenure as restaurant critic for the NY Times, Bruni describes the way his fellow diners--to whom he had randomly assigned dishes to be sampled--would become protective of "their" choices, defending their quality.

Does it pay for microentrepreneurs to formalize?

Aug 17/09 | From the blog

The World Bank's Private Sector Development blog discusses the findings of a new study on the informal sector in Bolivia by IPA Research Affiliate David McKenzie:

"Do Marginal Firms in Bolivia Benefit from Formalizing?"

Bingo for Africa

Aug 11/09 | From the blog
by Kerry Brennan

IPA field staff are used to using lotteries to determine treatment and control groups for randomized control trials.  Some of our Research Affiliates have also used existing government lotteries (visas for migration to New Zealand and school vouchers in Colombia, for example) as natural field experiments.

You say plátano...

Aug 11/09 | From the blog
by Tania Alfonso

I need to give props to the Kiva Fellows, who work with many of the same microfinance institutions that partner with IPA in the field.

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