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International development experts share their ideas on how wealthy countries can promote prosperity in developing countries. Follow at cgdev.org/cgd-podcast.

Jan 4, 2012

My guest on this week’s Wonkcast is David Roodman, senior fellow and author of the long-awaited book, Due Diligence: An Impertinent Inquiry into Microfinance. After more than three years of unprecedented investigation into the movement, David was able to cut through the hype and come to understand the capabilities and limitations of microfinance in ending poverty.

David explains that while the microfinance movement has built thriving industries that deliver valuable services to millions of poor people, he hopes his book will help the industry shift away from its traditional emphasis on credit to other services focused on savings, insurance, and new technology.

Read a full show summary on the Wonkcast site: cgdev.org/wonkcast