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Financial Innovation and Social Impact – The Economist

Playing with fire Financial innovation can do a lot of good, says Andrew Palmer. It is its tendency to excess that must be curbed Feb 25th 2012 | from the print edition     FINANCIAL INNOVATION HAS a dreadful image these days. Paul Volcker, a former chairman of America’s Federal Reserve, who emerged from the …

Microlending has helped make BTPN one of Asia’s most profitable banks – Economist

Indonesian microfinance -Rich pickings Apr 20th 2011 | Jakarta | from the print edition MENTION microfinance in Asia and thoughts usually turn to India, which is struggling to regulate the industry, and Bangladesh, where Muhammad Yunus, the Nobel prize-winning founder of Grameen Bank, has been turfed out of his job. Indonesia offers a brighter picture. …