How Haiti is fighting poverty by killing cash, By Margo Conner, January 27, 2012, Christian Science Monitor: “In Haiti, cash is escaping from wallets and savings accounts are breaking free from brick-and-mortar banks. Two years after 2010’s devastating earthquake, mobile money has taken off in the island nation. While the country has seen setbacks in many areas and continues to struggle, one bright spot is the transformation of the country’s traditional banking sector. Physical banks were wiped away by the quake and subsequent hurricane, and a mobile banking network that uses cell phones has grown up in their place…”
Poverty-related issues in the news, from the Institute for Research on Poverty