Robert M. Townsend of MIT talks with EconTalk host Russ Roberts about development and the role of financial institutions in growth. Drawing on his research, particularly his surveys of households in Thailand, Townsend argues that both informal networks and arrangements and formal financial institutions...

Economist’s study shows how the poor in developing countries become wealthier. Peter Dizikes, MIT News Office January 10, 2011 For all the detailed tools developed to study finance in past decades, relatively few scholars have brought those methods to bear on a pressing social question: How do poor people...

KANSAS CITY, Mo., May 19 (AScribe Newswire) -- The Ewing Marion Kauffman Foundation announced today the recipients of the Kauffman Junior Faculty Fellowships in Entrepreneurship Research. Five fellowships in the amount of $50,000 each were awarded to tenured or tenure-track junior faculty members whose...

The Enterprise Initiative is pleased to announce an upcoming lunch series focusing on current research in the area of development economics. "Eats & Economics", to be held biweekly on Tuesdays throughout the winter and spring quarters, will highlight enterprise-focused research by both...

Published: Jan / Feb 2008 Along a narrow gravel road in central Thailand’s Lopburi province stands a two-story house with a corrugated-steel roof. On a hot day last August a family of three sat cross-legged on the cobalt-tiled floor and talked about their life and work with interviewers from the Thai...

Published: March 20, 2008 The John Templeton Foundation has provided a $3.3 million grant for a new project to focus on wealth creation and poverty reduction in developing countries by bringing together some of the nation’s leading economists and scholars to form The Enterprise Initiative, based at the...

Published: April 24, 2008 Mexico’s social and economic development could get a boost through an agreement signed Thursday between the National Opinion Research Center (NORC) at the University of Chicago and Mexican Secretariat of Social Development (SEDESOL). The agreement will facilitate research to...

Published: October 9, 2008 The most comprehensive set of data gathered on Thailand's developing economy is now available free online. The Townsend Thai Data, which economist Robert M. Townsend and his colleagues gathered, is available at http://dvn.iq.harvard.edu/dvn/dv/rtownsend . The site includes...