BOOK · [2166]
Portfolios of the Poor
Daryl Collins, Jonathan Morduch, Stuart Rutherford, Orlanda Ruthven
Business
Field researchers tracked the daily finances of 250 poor households across India, Bangladesh, and South Africa for a year. Surprise: the poor are sophisticated money managers running tiny, complex portfolios.
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Seventeenth A Year of Books pick, announced September 1, 2015.
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